Tiborcz István hid 100 billion forints from the state

The son-in-law of the Hungarian Prime Minister, István Tiborcz, concealed a valuable real estate collection in Belgrade worth approximately 100 billion HUF before the elections. He acquired 11 buildings in early 2024, representing about 10% of Belgrade's office capacity. These properties were previously owned by the Polish GTC Group and passed through various owners before reaching Tiborcz. The investment fund behind the companies owning the buildings was initially backed by state funds, allowing for potential state recovery of assets. However, Tiborcz transferred ownership to a different investment fund, making it difficult for the state to access these assets, as the new fund is larger and more complex, complicating any governmental intervention.