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Hungarian Authorities Recover $19.5 Million in Buried Cash Amid Corruption Probe Into Orbán-Era Minister

 


Hungarian Authorities Recover $19.5 Million in Buried Cash Amid Corruption Probe Into Orbán-Era Minister

BUDAPEST, Hungary — November 15, 2026 — Hungarian anti-corruption investigators have uncovered approximately $19.5 million in hidden cash—including bundles buried underground in forests, concealed inside farm buildings and warehouses, and locked in secluded safes—as part of an expanding bribery probe into a former cabinet minister under ex-Prime Minister Viktor Orbán.

The National Asset Recovery and Protection Office (NVVH), an anti-graft agency established under Prime Minister Péter Magyar’s government, announced late Friday that the two-day coordinated raids took place on November 12 and 13 across Budapest and three surrounding counties.

Details of the Seizure and Investigation

Investigators conducted the searches as part of criminal proceedings against Miklós Seszták, who served as Hungary’s Minister of National Development from 2014 to 2018. Seszták, who was taken into custody in September, is suspected of accepting more than $37.2 million in bribes and kickbacks tied to inflated public procurement contracts, including purchases of secondhand buses for the state transport company and state construction projects.

According to official figures released by the NVVH and Finance Minister András Kármán:

  • Total Cash Recovered: Authorities seized 5,071,632,000 Hungarian forints (roughly $15.33 million), €2,658,350 ($2.93 million), and $1,257,100 in U.S. currency, bringing the combined total to $19.5 million.

  • Treasury Verification: The recovered funds were transferred directly to the Hungarian State Treasury, where 12 employees spent eight hours counting the banknotes using five counting machines.

  • Defense Response: Seszták has denied all wrongdoing. His attorney, Gábor Papp, told local media outlet Telex that the seized cash did not belong to Seszták and noted that the ongoing investigation involves multiple other suspects.

Political Fallout in Budapest

The discovery has intensified political fallout following Prime Minister Péter Magyar’s landslide election victory over Orbán’s Fidesz party in April 2026, which ended Orbán’s 16-year rule. Magyar’s administration has made dismantling entrenched state corruption—dubbed "Operation Purgatory"—a central pillar of its governing agenda.

Reacting to images of the unearthed cash bundles, Magyar declared on social media that the raid "officially marks the end of the Fidesz-KDNP mafia". Meanwhile, Orbán’s Fidesz party issued a statement distancing itself from any unlawful conduct, saying it hoped the seized funds had no connection to Seszták. Orbán has previously dismissed the wave of investigations targeting his former inner circle as politically motivated persecution.

For a visual recap of the raid and the currency recovered by Hungarian investigators, you can watch $19.5 Million DUG UP in Forests in Ex-Orban Minister Probe, which highlights the details of the anti-graft operation.

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