KNF's former head charged with corruption, held for two months

Marek Chrzanowski who resigned from his post earlier this month, denies any wrongdoing. Anti-corruption agents initially detained him earlier this week. He is accused of asking Getin Noble Bank to hire a specific lawyer and pay him a salary equal to 1 percent of the bank's capitalisation, around $10.5 million, in return for "support" for the mid-tier lender.


Devdiscourse News Desk | Updated: 29-11-2018 17:11 IST | Created: 29-11-2018 12:13 IST
KNF's former head charged with corruption, held for two months
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  • Country:
  • Poland

The former head of Poland's financial market regulator, KNF, has been charged with corruption and placed in custody for two months after a court granted a temporary detention order, his lawyer said on Thursday.

Marek Chrzanowski who resigned from his post earlier this month, denies any wrongdoing. Anti-corruption agents initially detained him earlier this week.

He is accused of asking Getin Noble Bank to hire a specific lawyer and pay him a salary equal to 1 percent of the bank's capitalisation, around $10.5 million, in return for "support" for the mid-tier lender.

"The court implemented a temporary detention for two months. We will appeal to this decision as soon as possible," his lawyer, Radoslaw Baszuk, told private broadcaster TVN 24.

Chrzanowski, a former central banker, was nominated to his post in 2016 by the ruling Law and Justice (PiS) party.

 

(With inputs from agencies.)

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