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Sep 3, 2026 · Archive
World

Hungary's Central Bank Turns Its Own Property Deals Over To Police

Hungary's Central Bank Turns Its Own Property Deals Over To Police

The new MNB leadership accuses an unknown perpetrator of breach of trust, negligent handling, fraud and abuse of office.

  • Five buildings are named, including the Buda headquarters and the Pallas Athéné conference center.
  • An internal audit found real estate bought overpriced, now worth far less than book value.
  • The bank already filed a complaint in October 2025 over its own headquarters renovation.

Why it matters: A complaint against an unknown perpetrator names no one; an institution that investigates itself rarely convicts itself.

Magyar Nemzeti Bank (MNB) press release ↗ · Sep 3, 20269/3/26