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Over Eight Years, the Matolcsy Foundations Have Provided More than 1 Billion Forints in Support to MCC

Summary by telex.hu
According to documents sued by PADME, the Fidesz-affiliated vocational college received 750 million forints over the course of a year and a half, but there is little evidence of what the money was spent on.

6 Articles

Lean Left

What exactly the money from the central bank foundations went for is not clear, even after reviewing the documents in the lawsuit.

·Hungary
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Lean Left

According to documents sued by PADME, the Fidesz-affiliated vocational college received 750 million forints over the course of a year and a half, but there is little evidence of what the money was spent on.

MCC received more than one billion forints in support from the György Matolcsy Foundations - a mystery as to what the college spent this huge amount on.

·Budapest, Hungary
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The Fidesz elite training center received the amount over eight years, but it is not entirely clear what exactly the money was used for.

·Hungary
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The elite vocational school with strong Fidesz ties, Mathias Corvinus Collegium (MCC), received a total of 1.1 billion forints in support over eight years from the Pallas Athéné Foundations, which distributes MNB funds, according to documents filed by Telex against the Pallas Athéné Domus Meriti Foundation (PADME), the main actor in the MNB scandal.

The elite vocational school with strong Fidesz ties, Mathias Corvinus Collegium (MCC), received a total of 1.1 billion forints in support over eight years from the Pallas Athéné Foundations, which distributes MNB funds, according to documents filed by Telex against the Pallas Athéné Domus Meriti Foundation (PADME), the main actor in the MNB scandal.

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telex.hu broke the news on Sunday, October 25, 2026.
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