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Wednesday, October 21, 2026Updated 19:26 UTC

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Hungary’s former central bank chief is arrested on suspicion of fraud as the new government cracks down on alleged corruption

Source: Fortune · Oct 21, 2026 16:01 UTC

Entrance of the Federal Reserve Bank of Cleveland with its arched windows and statues — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

György Matolcsy, a longtime Orbán ally, was detained as authorities investigate suspected financial abuses involving public funds.

Read the full story at Fortune

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