US EditionFormer National Banker Says He Quit Top Hungarian Bank Role Due to Blackmail Threats From Central Bank
9 Articles
9 Articles
Former National Banker says he quit top Hungarian bank role due to blackmail threats from central bank
András Simor, the former head of the Hungarian National Bank (Magyar Nemzeti Bank, MNB), has alleged that he was effectively forced to resign from his supervisory board role at Erste Group Bank following what he describes as “blackmail” linked to Hungary’s central bank.Continue reading
The former central bank governor said on ATV that he left the Austrian financial institution because of the blackmail.
The former central bank governor told ATV a story involving the Hungarian National Bank, a windowless room, and an ominous Christmas message.
Csaba Kandrács had a balanced, fair professional relationship not only with Erste Bank, but with all banks active in Hungary.
They wrote that they were subjected to questionable treatment on several occasions.
András Simor says he was blackmailed, which is why he left the Erste supervisory board - The former central bank governor has issued a sharp criticism.
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
