The bank headed by György Matolcsy has spent tens of billions of public money on the renovation of the Postal Palace without knowing much about the background of the project. According to an internal report, the work was beautiful, but “it did not meet the criteria of austerity”.
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The cost of the MNB’s new prestige investment, given to a friend of Matolcsy’s son, has been very high
A brand new Porsche, a special Ferrari, and billionaire businesses show the rise of Matolcsy’s circle
Direkt36 presents the connection between businessman Ádám Matolcsy, the son of the issue-bank’s director, and the entrepreneur Bálint Fülöp Somlai, who also controls billionaire state tenders with exclusive photos. We also show the story of their enrichment and how their luxurious lifestyle is being helped by state businesses.
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Orbán’s son-in-law and his associates among beneficiaries of favorable state COVID-loans
The loan for small- and medium-sized companies was announced by governor of Hungary’s Central Bank György Matolcsy at the beginning of the COVID-19 pandemic. Only a few received loans as high as István Tiborcz and two of his associates.
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Inside Viktor Orbán’s slow response to the second wave of COVID19
Fidesz politicians believed in the forecast of Central Bank president György Matolcsy that the pandemic would only have a mild impact on the Hungarian economy, but GDP data showed a different reality.
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Panama Papers: Hungarian billionaires’s offshore secrets revealed
A leggazdagabb magyarok közül is szerepelnek többen a kiszivárgott offshore-dokumentumokban. Köztük van Matolcsy György unokatestvére, Szemerey Tamás is.
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