27 November 2018

 Marek Chrzanowski, the former head of Poland’s financial regulator, has been detained under corruption charges Tuesday. He is alleged to have offered favourable treatment to banks controlled by Leszek Czarnecki in return for employing a recommended lawyer. Chrzanowski resigned the day the newspaper report came out, while rejecting the accusations, including that he sought a $10 million bribe.

When the scandal broke, there was immediate concern that the banks controlled by Czarnecki, Getin Noble Bank SA and Idea Bank SA, may be in bad shape and there was a risk that some customers may pull their deposits. The central bank took steps to calm the situation and pledged to keep the system stable. Bloomberg reported.