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Monday, December 4, 2023

Conflict at the NBP between Paweł Mucha and Adam Glapiński

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Paweł Mucha, a member of the management board of the National Bank of Poland, who accuses Adam Glapiński of failing to perform his duties, talked to the head of the central bank on Friday – according to an entry published on social media. “As the President of the NBP said, the good of the central bank is the most important,” wrote Mucha.

“I would like to thank Presidents Marta Gajęcka and Piotr Pogonowski for creating the conditions for today’s conversation with the President of the NBP, Prof. Adam Glapiński. As the President of the NBP said, the good of the central bank is the most important,” we read in the entry published on Friday afternoon on the X platform (formerly Twitter ).

Conflict at the National Bank of Poland

The conflict at the National Bank of Poland has been in the news since Wednesday. Then, Paweł Mucha, a member of the NBP management board, published a statement and two letters in which he accused the head of the NBP, Adam Glapiński, of failing to perform his duties and criticized the cooperation of the central bank authorities.

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Mucha stated, among other things, that copies of the minutes of the Monetary Policy Council meetings are not made available to “at least some” members of the NBP management board.

Storm at the National Bank of Poland. A member of the management board writes about the president’s “failure to perform his duties.” READ MORE >>>

On Wednesday, in a statement, the NBP management board emphasized that Paweł Mucha’s conduct, “in particular, involving the creation of an atmosphere of threat, settlements, conflict, baseless attempts to impose only his own point of view, groundless criticism of colleagues and the President of NBP” is unacceptable, as are “all other actions “contrary to the Principles of Ethics for Employees of the National Bank of Poland”.

As added in the central bank’s statement, “contrary to the allegations raised by Mr. Paweł Mucha, Member of the Management Board of NBP, and despite the proceedings referred to in section 1, the Management Board of the National Bank of Poland performs all tasks undisturbed, effectively and in accordance with the law.” .

Adam Glapiński said at a press conference on Thursday that there is no conflict in the bank’s management board. According to the head of the NBP, Paweł Mucha’s case is “trivial” because, as a member of the management board, he demands “exorbitant amounts” for his work, bonuses and awards. – The way this work is performed does not justify it in any way, the dispute is only about the prizes – said President Glapiński.

On Friday, at the next conference, Glapiński said that “anyone who baselessly attacks the NBP and its prestige is directly attacking the good of Poland.” READ MORE >>>

Economist Ignacy Morawski stated in “Fakty po Faktach” that the conflict at the NBP opens a potential path to bringing Adam Glapiński to the State Tribunal. READ MORE >>>

Main photo source: Piotr Nowak/PAP



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