MercoPress. South Atlantic News Agency

Hungary's incoming PM says Orbán-linked oligarchs are moving funds to Uruguay and other destinations

Hungary's incoming prime minister, Péter Magyar, alleged on Saturday that oligarchs linked to outgoing leader Viktor Orbán are transferring “tens of billions” of forints to Uruguay, the United Arab Emirates, the United States, and “other distant countries,” in what he described as a coordinated operation to move capital out of the country ahead of the government transition scheduled for May 9. Read full article