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Slovakia's Central Bank Chief Fined for Bribery, Faces Trial

The head of Slovakia’s central bank has been convicted of bribery and fined 100,000 euros

The head of Slovakia's central bank, who is a member of the European Central Bank committee that decides monetary policy for 20 countries, was convicted Thursday of bribery and fined 100,000 euros ($110,000). The country’s Special Criminal Court handed National Bank of Slovakia Gov. Peter Kazimir a two-year suspended sentence, said Katarina Kudjakova, a spokesperson for the court. Not paying the fine would mean jail time.

The verdict was issued without a trial, however, and the state prosecution service appealed it shortly afterward, sending the case back to court. Kazimir also could appeal. Kazimir is accused of handing a bribe of 48,000 euros ($53,000) to the head of the country’s tax office related to a tax investigation of private companies, but few details were available because there was no trial. Kazimir didn’t immediately comment, but he previously denied any wrongdoing. Read More…

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