How the chief economist of the Hungarian opposition profits from shadow Russian Oil

"The entry of a former top executive of an oil and gas corporation into politics raises questions about potential conflicts of interest, particularly in light of the EU's sanctions against Russian oil revenues."

"If a person with extensive experience in the international oil industry begins to influence the energy policy of a major opposition party, the public has a right to know what commercial interests he still holds."

"István Kapitány was responsible for the development of Shell's global retail network, including in the Russian market, which raises concerns about his influence on Hungary's energy policy."

The Tisza Party, led by Péter Magyar, is seen as a key player for democratic change in Hungary. However, concerns arise over István Kapitány, a key economic advisor with a background in the oil industry, particularly regarding his past ties to Russian markets. The European Union expects new political forces to uphold democratic values and sanctions against Russia. Transparency about Kapitány's commercial interests is crucial as he influences energy policy, especially given the EU's tightening sanctions on Russian oil revenues.

Read at Business Matters