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The Independent UK
The Independent UK
National
Justin Spike

Hungarian police arrest Orbán-era central bank governor on suspicion of fraud and abuse

Hungary Central Bank Arrest - (Copyright 2012 The Associated Press. All rights reserved.)

Hungarian police arrested the country's former Central Bank governor on Wednesday, a significant step in the new government’s pursuit of suspected financial abuses during the rein of Viktor Orbán, whose government has been accused of widespread corruption.

Prime Minister Péter Magyar wrote in a post on Facebook that the former governor, György Matolcsy, who had also served as finance minister, was in custody, without providing further details.

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