Insider Trading in MOL Shares Scrutinised by Hungary’s Central Bank
- 25 Feb 2026 7:09 AM
- Hungary Around the Clock
The MNB has confirmed to Reuters that it has started an investigation into certain transactions involving MOL shares following a report alleging possible insider trading, Portfolio reports.
The inquiry was ordered after minority shareholders association Tebész said MOL may have breached its disclosure obligations by failing to report the shutdown of Ukraine’s Druzhba oil pipeline in a timely manner.
The association also raised concerns over share sales worth billions of forints by senior executives, suggesting possible insider trading.
The MNB gave no further details, citing the ongoing procedure.
MOL said it initiated the release of strategic reserves only after receiving official information from the Ukrainian side indicating that the pipeline outage could jeopardise refinery supply.
It added that previous interruptions of the Druzhba pipeline had not materially affected operations, as deliveries had always resumed before company reserves were depleted.
MOL maintains that its market disclosures and transactions by its executives complied with regulations.
MTI Stock Photo - for illustrative purposes only
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