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The new leadership of the Hungarian National Bank (Magyar Nemzeti Bank, MNB) has announced that it will continue to investigate alleged misconduct and restore lawful operations, despite attacks on the former bank’s leadership over alleged business interests. According to a statement released to the Hungarian news agency MTI on Friday, the MNB’s current management had already filed a criminal complaint in October of last year. The complaint alleged “betrayal, negligence, fraud and abuse of office” in connection with the renovation of the bank’s headquarters. The bank also initiated a civil lawsuit to challenge the validity of a 27‑billion‑forint price increase. The MNB’s statement noted that the renovation work uncovered more than 4,700 warranty defects. It added that the new leadership is continuing to investigate these and other cases that may require further legal action. The bank’s statement was issued to MTI. Article source: Magyar Hirlap | Image credit: Magyar Hirlap
The new leadership of the Hungarian National Bank (Magyar Nemzeti Bank, MNB) has announced that it will continue to investigate alleged misconduct and restore lawful operations, despite attacks on the former bank’s leadership over alleged business interests. According to a statement released to the Hungarian news agency MTI on Friday, the MNB’s current management had already filed a criminal complaint in October of last year. The complaint alleged “betrayal, negligence, fraud and abuse of office” in connection with the renovation of the bank’s headquarters. The bank also initiated a civil lawsuit to challenge the validity of a 27‑billion‑forint price increase. The MNB’s statement noted that the renovation work uncovered more than 4,700 warranty defects. It added that the new leadership is continuing to investigate these and other cases that may require further legal action. The bank’s statement was issued to MTI.
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