Polish Central Bank chief under fire for huge self-awarded bonuses

Adam Glapiński, the governor of Poland's Central Bank (the "NBP") is again under scrutiny, this time due to huge bonuses paid to him in 2019. 

Governor of Poland's NBP - the country's central bank.

PAP/Tytus Żmijewski

Paweł Mucha, a member of the central bank's board, has revealed hitherto unpublished information about bonuses paid to the NBP's chief, Adam Glapiński. 

In 2019, the Governor awarded himself bonuses the equivalent of 15 monthly salaries in total:

Nagrody Prezesa NBP to za I kwartał - 3 krotność, za II kwartał - 3,5 krotność, za III kwartał - 4 krotność a za IV kwartał 4,5 krotność miesięcznego wynagrodzenia obliczonego jak ekwiwalent za urlop wypoczynkowy pic.twitter.com/xgBu6E0II5

— Paweł Mucha (@MuchaPK) December 16, 2023

At the bottom of the document published by Mucha is Glapiński's name alone. 

Mucha comes from the same political milieu as Glapiński (Law and Justice) but has for some time been in conflict with his boss.  

However, even critics of Glapiński have expressed doubt whether the NBP Governor can be dismissed. Michał Kamiński from the (former) opposition Third Way suggested facetiously that the situation could be handled by paying Glapiński with specially minted coins with the bust of the NBP Governor.

As we reported earlier, the new government's leaders have sought to soften election calls for the Governor's head, fearing negative effects a witch hunt could have on Poland's economic standing. 

Sources: Rzeczpospolita, Radio Poland, X, Super Express

pt