Former head of the Hungarian central bank has been taken into custody. Investigating billion-dollar losses

Former Hungarian central bank governor György Matolcsy has been detained as part of an investigation into financial misconduct during his tenure. He faces charges of fraud and using forged documents. The investigation follows a report of significant financial damage linked to the central bank's management. Additionally, former Fidesz party members are involved in the case, with parliamentary hearings revealing past legislative actions that may have obscured financial oversight. Meanwhile, Ukraine's central bank is also under scrutiny for corruption, with raids conducted by the National Anti-Corruption Bureau.