Police Question Hungary's Former Central Bank Governor as Suspect in Erste Case

  • 23 Sep 2026 7:07 AM
Police Question Hungary's Former Central Bank Governor as Suspect in Erste Case
The National Bureau of Investigation of the Standby Police (KR NNI) has questioned seven suspects and conducted searches in connection with alleged abuse of office linked to the National Bank of Hungary (NBH), the Budapest prosecutor's office said. The national police headquarters told MTI that seven people have been questioned, including the former central bank governor.

Department heads within the central bank's supervisory body, the Bank Supervisory Centre, allegedly abused their official authority in 2023 - under instructions from their superiors - to exert pressure on a Hungarian bank owned by an Austrian parent company, prosecutors said.

The pressure allegedly succeeded in forcing a member of the Austrian parent company's supervisory board to resign.

Investigators have questioned seven individuals suspected of abuse of official authority in connection with the Erste case, including the former central bank governor, the police said.

The post of governor of the MNB was held by Gyorgy Matolcsy between 2013 and 2025.

The investigation began in April following an interview with Andras Simor, the central bank governor who preceded Matolcsy.

Simor spoke of pressure being exerted against him in connection with his membership of the supervisory board at Erste Group, the Vienna-based parent company of Erste Bank. During the proceedings, the KR NNI obtained documents from both the NBH and Erste Bank.

The National Police Headquarters said that the case would be investigated further in order to fully clarify the suspects’ roles.


Source: MTI – Hungary’s national news agency since 1881.

MTI photo 

*********************************************************************************************

You're very welcome to comment and discuss this via our Facebook page: XpatLoopNews 
& via: Budapest Expats - The International Community / Expats Hungary - The Original Group

You can subscribe to our newsletter here: XpatLoop.com/Newsletters

  • How does this content make you feel?

Explore More Reports

  • Magyar Asks for Immediate Suspension of His Parliamentary Immunity

    Magyar Asks for Immediate Suspension of His Parliamentary Immunity

    • 23 Sep 2026 7:03 AM

    Prime Minister Peter Magyar has called on parliament to suspend his immunity without delay. The move comes in response to the deputy chief public prosecutor's request to the Speaker of Parliament to suspend the immunity of Magyar, as well as those of opposition Fidesz's Balazs Hanko and the Christian Democrats' Miklos Sesztak.

  • Reports of 'Mini-Coup' in Tisza Dismissed by Magyar

    Reports of 'Mini-Coup' in Tisza Dismissed by Magyar

    • 15 Sep 2026 6:37 AM

    Prime Minister Peter Magyar dismissed reports that crisis erupted and a "mini-coup" had taken place in the Tisza party last November. "I have full confidence in [Tisza deputy leader] Mark Radnai", he said in an interview with public radio.

  • Shocking Costs: Police Investigating Orban’s Social Media Contracts

    Shocking Costs: Police Investigating Orban’s Social Media Contracts

    • 18 Aug 2026 8:07 AM

    Police are conducting criminal proceedings on suspicion of misuse of funds in connection with contracts linked to former Prime Minister Viktor Orbán’s social media content, the National Police Headquarters (ORFK) told MTI, confirming a report by the daily Népszava.