Response: Mihály Varga almost reclaimed 200 billion for the MNB in 2025, but Ádám Matolcsy's lawyer intervened at the last moment.

The Hungarian National Bank, led by Mihály Varga, nearly recovered 200 billion HUF from the Matolcsy circle in 2025, but the deal fell through due to a key player's withdrawal. This agreement was part of a damage control effort following a 270 billion HUF loss related to the Pallas Athéné Domus Meriti Foundation. The funds were linked to the Quartz Investment Fund, associated with Ádám Matolcsy. Internal outrage was reported regarding the prosecutor's indecisiveness, with claims that Varga did more to pressure the Matolcsy circle than independent investigative units. A secret deal was made with István Száraz to transfer a significant Quartz stake to the central bank's foundation in exchange for riskier assets. Ultimately, the recovery of nearly 200 billion HUF hinged on this situation, leading to Száraz's gradual removal from the fund's management, while Matolcsy gained prominence. Both the MNB leadership and Száraz declined to comment due to ongoing investigations.