Polish ex-financial regulator, six others detained as credit union case probed

The suspect, identified only as Andrzej J. under Polish privacy laws, was detained as part of an investigation into officials who supervised ailing credit union SKOK Wołomin from 2012 to 2014, public broadcaster Polish Radio’s IAR news agency reported.

Six former high-level financial supervision officials who once worked under Andrzej J. were also detained by Poland’s Central Anti-Corruption Bureau (CBA) at the request of prosecutors, IAR reported.

Ewa Bialik, a spokeswoman for the National Public Prosecutor's Office, told Polish Radio that all seven suspects were facing charges of white-collar crime.

"Extensive and scrupulously collected evidence suggests that the detainees committed the offence of neglecting their duty, in connection with their roles at the Financial Supervision Authority (KNF) in 2013-2014, with a view to achieving substantial financial gain to the detriment of the Bank Guarantee Fund and depositaries," the National Public Prosecutor's Office said in a statement.

Andrzej J. served as head of Poland’s Financial Supervision Authority from mid-October 2011 to October 2016, the state PAP news agency reported.

(gs/pk)

Source: PAP/IAR