Former head of the Hungarian central bank detained

The former president of the National Bank of Hungary, Gyorgy Matolcsy, has been detained, his representative said in an interview with Telex on Wednesday. Matolcsy headed the Hungarian central bank from 2013 to 2025, during the government of former Prime Minister Viktor Orban.

Telex notified that the former president of the National Bank of Hungary was brought by officers to the Central Investigation Prosecutor's Office (KNYF). The website added that several other people were detained.

My client is suspected of committing economic fraud that resulted in a significant financial loss and of using a false private document, Pal Batki, the representative of the former president of the bank, told the portal.

Notification of a crime

In September, the management of the National Bank of Hungary submitted a report on suspected crimes of mismanagement, negligence, fraud and abuse of powers relating to five properties belonging to the bank.

Shortly afterwards, the current president of the central bank, Mihaly Varga, announced that he had donated PLN 30,000 to the investigative committee. pages of documents.

Matolcsy, an economist and politician of the Fidesz party, served twice as Minister of Economy in Orban's government before becoming the president of the central bank.