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The Independent UK
The Independent UK
National
Via AP news wire

Slovakia's central bank leader fined for bribery, can appeal

Tlačová agentúra SR

The head of Slovakia's central bank and member of the European Central Bank body 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. If Kazimir does not pay the fine, he would go to jail.

The verdict was issued without a trial and is not final, Kudjakova said. If Kazimir appeals, he would face trial.

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.

Slovakia is one of 20 countries that use the euro currency, and Kazimir is a member of the European Central Bank's governing council, its main decision-making body.

The case dates to when Kazimir served as finance minister from 2012 to 2019 in the leftist government of populist Prime Minister Robert Fico and was a member of Fico’s Smer-Social Democracy party before taking over his central bank job.

Smer lost the 2020 general election and was replaced by a coalition government whose parties campaigned on an anti-corruption ticket.

The new government made fighting corruption a key policy issue. Since it took power, a number of senior officials, police officers, judges, prosecutors, politicians and businesspeople have been charged with corruption and other crimes.

Slovakia faces an early election in September after the government lost a parliamentary no-confidence vote in December. Fico, who unlike the current government opposes military help for Ukraine against Russia, stands a chance to win the snap vote, recent polls suggested.

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