Tens of Billions of Forints of State Capital May Have Been Invested in Funds Close to Márton Nagy

telex.hu

Lean Left

Factuality

Ownership

According to Válasz Online, the two private equity funds involved received the funds through various programs and from the merger of several previous funds.

444.hu

Factuality

Ownership

Válasz Online presented in a two-part article series how Márton Nagy's family circle has grown since his appointment as minister. In the first part, they dealt with "small money", which is not so small, since only the available attorney's orders associated with a sum amounted to more than 8 billion forints. According to the newspaper, however, the bigger business is around private equity funds. A few months after Nagy's appointment as minister, …

valaszonline.hu

Factuality

Ownership

A villa complex in Lake Balaton, an office building in Buda, a software company, an energy company, a solar and wind farm, interests specializing in the import of guest workers, security, and a huge party center. These are all the acquisitions of Trustify private equity funds (and their affiliates) linked to the family of Márton Nagy, who went from minister to NER top predator. These funds absorb state capital from the Ministry of National Econo…