A parliamentary committee investigating the use of public funds by Hungary’s central bank has summoned former governor György Matolcsy and current governor Mihály Varga for questioning.
Former and current NBH governors to appear before committee
A parliamentary committee investigating alleged abuses surrounding the operation of the National Bank of Hungary (NBH) has decided to summon former governor György Matolcsy and current governor Mihály Varga.
The ad hoc committee voted unanimously to summon Matolcsy, who headed the central bank between 2013 and 2025. The decision to summon Varga, who succeeded Matolcsy as governor in 2025, was approved with five votes in favour, no votes against and one abstention.
The committee’s chairman, Attila Csőszi of the governing Tisza Party, said the decisions would formally require both men to appear and give oral testimony. The next committee meeting is expected to take place in three to four weeks. Csőszi told state news agency MTI that the committee plans to question Matolcsy and Varga on several occasions.
Committee requests data from NBH foundation
The committee also voted to request data from the Pallas Athene Domus Meriti Foundation, one of the foundations established by the central bank. The request was approved with five votes in favour, one abstention and no votes against.
The parliamentary committee was established to examine the use of public funds and alleged abuses linked to the operation of the NBH. Its work is expected to focus on the central bank and entities connected to it.
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Several former officials already questioned
The committee has already begun questioning figures connected to the NBH case. On Thursday, it spent more than three hours questioning Erik Bánki and Lajos Kósa. The committee has previously said that it intends to identify and summon the key figures involved in the case. Further hearings are expected to include Matolcsy’s son, Ádám Matolcsy, among others.
Matolcsy served as NBH governor from 2013 until 2025. Varga was Hungary’s economy minister from 2013 to 2018 and finance minister from 2018 to 2024 before taking over as central bank governor in 2025.
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Mihaly Varga.
A “Founding Father” of the Fidesz Political Party with Victor Mihaly. Orban.
Varga, for over (2) two decades held positions in Financial management of Hungary, approved by his “mate” Victor Mihaly. Orban who then appointed him as the Minister of Finance for (11) eleven years – 2013-2024 of the Orban led Fidesz Government of Hungary.
Mihaly Varga – “inner sanctum” of the Fidesz Political Party of “Adulation” to the Political and Financial – the “Creeds” – the “Dogma” and “Ideology” – of Victor Mihaly. Orban.
Mihaly Varga – “adored” by the Fidesz Political Party = Oligarchy.
Mihaly Varga – when by his “friend” in 2024 moved to the position he wrongfully still holds as the Governor of the Hungarian Central Bank – the name Mihaly Varga left the economic and financial position then of Hungary resembling a cataclysmic MESS.
Varga was a complete DISASTER as a Finance Minister that even in “learned” brains not just in Hungary but in the European Union was of no RESPECT for his of “no ability” in relation to Economics and Financial Management.
Mihaly Varga muchly a “Gofer” to he of Vargas adulation – Victor Mihaly. Orban that through his postion as the then Minister of Finance – which he has carried over into his role as the Governor of the Reserve Bank of Hungary – never would say NO to Victor Mihaly. Orban or those of the Fidesz = Oligarchy.
Palms – what GREASE they acquired and the name -Mihaly Varga muchly a HIGH profiled player a DECISION maker a YES man for his own good, his family & friends – in DELIVERING our country to at the time of Victor Mihaly. Orban / Fidesz Government – in April 2026 being humiliated in DEFEAT, outed from office – representing a Financial & Economic = SHAMBLES.
Mihaly Varga – remains to close to those of the past, that much Grease and Blood are on Hands – that his wrongfully acquired postion that he still holds a position he through 2024 to April 2026 performed highly probably favours for his fellow Fidesz “inner sanctum” & Oligarchy – and MUST answer for his actions that include lodgement of application for funding from the European Union.
Mihaly Varga – signed off for European Union Funding that we know when approved and received from the European Union that Fidesz under Victor Mihaly. Orban used FUNDS for “other” purposes.
Judgement by the Courts of the European Union – found Hungary of Guilt – remembering that Hungary the name Mihaly Varga then was the Minister of Finance and had “signed off” in lodgement documentation to the European Union.
Mihaly Varga, as the Finance Minister of the “ill fated” Victor Mihaly Orban – Fidesz Government of Hungary it was Vargas signature on documents that subjected Hungary to MONSTEROUS borrowings – Debt to China, that never was “clearly” exposed to the people of Hungary.
Mihaly Varga – grew DEBT on Hungary – debt individually on millions upon millions of Hungarians – citizens Debt – in his approval of Borrowings of Funds especially from China.
Mihaly Varga – was a “Dud” that the “Learned” over near on (2) two decades had put the people of Hungary “on notice” lacking in academic standard(s) which 2026 – his CV HIGHLIGHTS – a Disaster.
Mihaly Varga should have nearer the Government change in April 2026 been removed of his Governorship of the Central Bank of Hungary.
In “HOPE” – in our seeking of justice – from what under the Prime Ministership of Victor Mihaly. Orban and Mihaly Varga as the Minister of Finance some-what Orbans “right hand” man – what through these (2) two names alone of the “heinous” Fidesz Government – they instigated in the acts of STEALING from million upon millions of Hungarians – that in the rightful summons of Mihaly Varga to appear before the Parliamentary Committee – we will see TRUTH extracted from him as to reasons and by whom did he make such wrongful and damaging decisions economically and financially on the Hungarian economy that damaged and destroyed millions upon millions of INNOCENT lives of Hungarians – quality of life of Hungary and the DAMAGE of the name Hungary loss of Trust & Respect for the name of our country – Hungary.
Mihaly Varga – name can NEVER be Appeased for he was an orchastrator, he was “in the kitchen” a player, a decision maker, an “inner sanctum” member – an adulator – of the “ill-fated” Victor Mihaly. Orban led Fidesz Government of Hungary that his LEGACY to Hungary is not will NEVER be a GOOD Read.
We Seek Justice and Mihaly Varga knowingly FAILED us that amongst other of his numerous economic and financial failures he with Orban introduced into Hungary, saw at the end of his time of Minister of Finance circa 2024 near on 2 million Hungarian citizens living in POVERTY, that worsened through to the REMOVAL of Fidesz in April 2026 – be another FACT proven of TRUTH.
Mihaly Varga – must never be APPEASED.
Matolcsy will soon regret his decision not to flee the country while he had a chance. Good that he’s cocky enough to stick around, it’ll make arresting him exceedingly easy.