Slovakia’s central bank chief fined for bribery, faces trial

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BRATISLAVA, SLOVAKIA (AP) – The head of Slovakia’s central bank, who is a member of the European Central Bank (ECB) committee that decides monetary policy for 20 countries, was convicted on Thursday of bribery and fined EUR100,000.

The country’s Special Criminal Court handed National Bank of Slovakia Governor Peter Kazimir (AP; pic below) 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 is accused of handing a bribe of EUR48,000 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.

President Zuzana Caputova said Kazimir should consider resigning, and Prime Minister Eduard Heger called it “unacceptable” for him to head the central bank.

Slovakia is one of 20 countries that use the euro currency, and Kazimir is a member of the ECB’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.