The prosecutor's detainee from Orbán's right hand: the investigation leading to György Matolcsy's downfall accelerated after the change of government

György Matolcsy, former head of Hungary's central bank, was arrested amid a corruption investigation linked to significant financial misconduct. This unprecedented action follows years of scrutiny over his management of public funds and controversial dealings involving hundreds of billions of forints. The investigation gained momentum after the recent government change and findings from the State Audit Office. Matolcsy's tenure saw the establishment of foundations that mismanaged funds, leading to allegations of economic fraud and misuse of private documents. Despite previous controversies, he remained in power until now, highlighting a decade-long pattern of opaque financial practices and political protection.