Hungarian opposition politician Péter Magyar has launched a high-profile parliamentary campaign dubbed 'Purifying Fire,' marking what he described as his most significant political initiative to date.

In a speech delivered Monday afternoon, Magyar announced the creation of the National Asset Recovery and Protection Office, a body tasked with uncovering the fate of public assets and investigating alleged illegal disposals of state property.

The announcement represents a direct challenge to the current government's handling of public finances and state-owned enterprises.

By framing the effort as a recovery operation, Magyar is attempting to mobilize public sentiment around the issue of state asset management, a recurring flashpoint in Hungarian politics.

The proposed office would have the mandate to audit transactions and trace the ownership of assets that have left public control.

This development adds to the growing polarization in the Hungarian parliament, where opposition figures have increasingly focused on economic governance and state asset transparency.