The so-called Eclipse scandal was one of the biggest corruption cases of the last two decades in Hungary. The new Panama Papers now reveal that a businessman with extensive connections to the government signed a consultancy contract with Eclipse through an offshore company.

A businessman involved in the controversial Hungarian residence program told Mossack Fonseca that he believes the Chinese government is behind one of the companies running the scheme.

Árpád Habony is the sole shareholder of the firm, which chose exactly that secretary that also works for the local residency bond company. After an exclusive helicopter tour and a trip in a private jet, here is the new Hong Kong connection.

Paradise Papers revealed that hundreds of Hungarians do business in Malta. Many of them have political ties, including the ex-leaders of a company that prepares Hungary’s power plant expansion project, a former treasurer of Ferenc Gyurcsany’s socialist government and sport entrepreneurs connected to far-fight Jobbik.

The Paradise Papers project has revealed the links of a top Hungarian diplomat’s ties to a wealthy family and showed the former offshore interests of a businessman close to the government.

The Panama Papers project had huge impact around the world but the Hungarian authorities appear to have done little so far to look into the local findings.

The leaked files contain data on more than 175 thousand companies registered in The Bahamas. The records exposed the hidden offshore connection of a former EU commissioner, Neelie Kroes, and the offshore interest of a well-connected Hungarian businessman.

Loyal Bank was often recommended to customers by Mossack Fonseca, the Panama law firm at the heart of the leaks. The documents reveal that the bank is owned by Otto Hujber, a Hungarian businessman.

Details of more than 200 thousand offshore companies are made public. The information is coming from the leaked documents known as the Panama Papers.

How members of the Hungarian business elite, including Sándor Csányi, the wealthiest person in the country, use offshore companies? The Panama Papers reveal new details.