Ex-Central Bank Governor György Matolcsy Detained in Fraud Probe

Police detained György Matolcsy, governor of the Hungarian National Bank from 2013 to 2025, on suspicion of economic fraud causing significant financial loss and use of a forged private document, according to his lawyer. The case stems from a September complaint after a central bank audit of real-estate purchases at inflated prices and is linked to the bank's foundations (PADME). Telex reported it is the first time a former central bank governor has been taken into custody in Hungary. Matolcsy has previously denied wrongdoing.