The Hungarian government late Monday denied having any role in major bank loans
to Spain’s far-right Vox party.
Santiago Abascal’s party received loans from Hungary’s MBH Bank for €9.2 million
to finance campaigns for the 2023 local and general elections, according to a
Vox party official.
The bank’s largest shareholder, with almost half of the shares, is Prime
Minister Viktor Orbán’s childhood friend and Hungary’s richest person Lőrinc
Mészáros, but the Hungarian state is also a partner with a stake of about 30
percent.
Opposition lawmaker Ágnes Vadai asked Orbán in a written question whether he had
any role in the loan that Spain’s Vox received, but the question was answered by
the prime minister’s State Secretary János Fónagy.
“The possible loan by a commercial bank to Spain referred to in the question, as
in any other case, could only have been decided on a purely business basis, in
which the Hungarian government has no role and no information,” Fónagy replied.
Vox previously denied knowledge of the bank’s ties to Orbán and said that the
entire loan had already been repaid.
It wasn’t the first political loan from a Hungarian bank to fund the European
right wing. Earlier, MBH’s predecessor MKB funded Marine Le Pen’s 2022 French
presidential campaign with a €10.6 million loan. Le Pen’s party said that other
banks were reluctant to “finance the democratic life” of France.
In July, Vox joined Orbán’s new far-right group in the European Parliament, the
Patriots for Europe.
Vox’s move from the right-wing European Conservatives and Reformists (ECR) to
the new far-right Patriots formation raised eyebrows in Spain, as the party had
already been granted a vice presidency in the ECR. Party leader Abascal had also
previously clashed with other Patriots member parties that support Catalonia’s
independence, such as the Italian League or the Flemish far-right nationalists
of Vlaams Belang.