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Former Hungarian central bank chief detained in fraud probe
Original: Former Hungarian central bank chief György Matolcsy detained in financial fraud probe
György Matolcsy, who served as governor of Hungary's central bank for roughly a decade, has been detained as part of a financial fraud investigation. Matolcsy, a longtime ally of Prime Minister Viktor Orbán who led the National Bank of Hungary from 2013 until 2025, is the most prominent figure to face detention in the probe. The case is drawing wide attention across Hungary and the region given his former political standing and the sensitivity of financial fraud allegations against such a senior former official.
Why now: The detention of a former central bank governor and close Orbán associate in a fraud investigation is a major and unexpected development in Hungarian politics and finance.
György MatolcsyNational Bank of HungaryViktor OrbánHungary
Evidence
- Former Hungarian central bank chief György Matolcsy detained in financial fraud probe · Euronews.com
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