According to Magyar, the businessman only sent the sum to Tisza party five days prior to the April 12 election, maintaining that there was "no money whatever earlier."

Waberer said on commercial ATV on Thursday that he had been a Tisza supporter for a year and a half.

Tisza seeks to avoid "even a seeming association with business people/oligarchs of either side or the assumption that anyone could gain benefits with reference to the party," Magyar said, adding that the sum would be transferred back to Waberer on Monday.

Magyar said he was proud that "everything around Tisza including financing the party has been legitimate and transparent". Should Tisza in future receive "any legally or morally objectionable request in return for material support" or if they see that a donor "seeks benefits", the party will similarly refund a donation, Magyar added.

The incoming PM said his party will present an account of the donations it had received by the deadline stipulated by law and "publish the names of all people donating more than 500,000 forints."

MTI Stock Photo

Source: MTI – Hungary’s national news agency since 1881. While MTI articles are usually factual, some may contain political bias, and readers should be aware that such content does not reflect the position of XpatLoop, which is neutral and independent.

Since the goal of XpatLoop is to keep readers well briefed, right across the spectrum of opinions, MTI items are shared to ensure readers are aware of all narratives within the local media.

XpatLoop believes in empowering readers to form their own views through complete and comprehensive coverage. To facilitate this XpatLoop has a balanced range of news partners, as you can see when you surf around XpatLoop.com

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