Economy
21:55 2 December 2024
Post by: WBJ

NBP management board concerned by violation of central bank’s independence

NBP management board concerned by violation of central bank’s independence
Source: Pexels

The management of the National Bank of Poland (NBP) expressed deep concern over the detention of board member Piotr Pogonowski, calling it a violation of democratic principles and the independence of the central bank. Pogonowski was detained for failing to appear before the investigative commission examining the use of Pegasus spyware by Polish authorities between 2015 and 2023. He had previously cited a Constitutional Tribunal ruling deeming the commission unconstitutional.

The NBP board emphasized the legal force of the Tribunal's decision and questioned the commission's legitimacy. Pogonowski, a former head of the Internal Security Agency, now oversees key departments at the NBP. The case underscores ongoing tensions over constitutional crises and the legality of institutional actions in Poland.

(pb.pl)


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