The governor of Slovakia’s central bank, Peter Kažimír, was convicted by Slovakia’s Special Criminal Court of bribery, the country’s SME newspaper reported Thursday.
Kažimír, a former Slovakian finance minister who is also a member of the European Central Bank’s Governing Council, which sets interest rates, now faces a fine of €100,000.
Kažimír was in Washington for the International Monetary Fund’s spring meetings when the conviction was determined. Katarina Kudjakova, a spokesperson for the court, told SME the decision was not final, but that if Kažimír failed to pay the fine, he would face prison time. An appeal would also see him face trial.
The European Central Bank declined to comment about the verdict when contacted by POLITICO.