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Orban's Son-in-law Bet On Magyar's Victory

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Orban's Son-in-law Bet On Magyar's Victory
Peter Magyar

And he won big.

The past elections in Hungary, according to the results of which the opposition party "Tisza" Peter Magyar defeated "Fidesz" Viktor Orban, turned into a scandal in the family of the country's prime minister. The Bloomberg agency writes about it.

According to the agency, Orban's family may have benefited financially from the election campaign. It is alleged that an investment company linked to the former prime minister's son-in-law made money on bets placed on the defeat of his political force.

The fund in question is Equilor Asset Management, part of the Equilor Group, co-owned by Istvan Tiborz. According to investment director Attila Szabo, the company was focused in advance on the scenario of the victory of the opposition Tisa party and formed investment positions with this forecast in mind.

Similar actions may indicate that Orban's entourage assumed his political defeat and tried to benefit financially from it.

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