• Gyula Balasy, owner of several top media companies that designed government campaigns, has offered to hand over his firms and investments to the state.
  • The offer comes after Prime Minister Viktor Orban’s party lost elections; incoming PM Peter Magyar has pledged to fight corruption.
  • Balasy’s companies won billions of forints in state contracts, including Orban’s anti-Ukraine and anti-immigration campaigns.
  • Balasy claims the contracts were transparent, but Transparency International and research centers highlight a surge in contract value.
  • Magyar briefly commented that the system could collapse faster than anyone thinks.