Former president of the Hungarian central bank arrested. "Orbán's right hand"

Hungarian authorities have detained former central bank president Gyorgy Matolcsy amid an investigation into financial mismanagement linked to foundations established during his tenure. Allegations suggest significant financial losses exceeding half a billion euros due to transactions involving these entities. Matolcsy, previously described as Prime Minister Viktor Orban's "right-hand man," faces charges of economic fraud and using false documents. The investigation has also led to the detention of several others. The current central bank president reported the case to authorities, revealing extensive documentation related to potential financial misconduct. This incident is part of a broader crackdown on corruption involving former government officials.