Billions in state funds secretly channeled to Viktor Orbán’s favourite company before defense acquisitions

The Hungarian government justified the sale of state-owned defense companies to 4iG, claiming it would facilitate market-based operations. However, investigations revealed that 4iG received substantial secret funding from state-owned banks during this process, raising concerns about the privatization's transparency. Despite the government's assertions, evidence suggests that taxpayer money was used to support 4iG's acquisitions, with significant investments made by state institutions. The article highlights the close ties between 4iG and the government, particularly Prime Minister Viktor Orbán's involvement in the company's dealings.