For several days now, more information has appeared in the public space about the situation within the National Bank of Poland and the attitude of Paweł Mucha, member of the NBP Board of Directors. The NBP board even passed a special decision in his case.
Let us remind you that a few days ago a text entitled “Paweł Mucha’s Byzantium” appeared on the Salon24 website. The author of the text, hidden under the pseudonym “brek”, writes that “Paweł Mucha is the only member of the board of directors who does not supervise one department on behalf of the chairman of the NBP. (…) In practice This means he doesn’t do anything on the bench.” “Presumably the reason for this is Mucha’s conflict with the NBP board of directors over his pay and other privileges, combined with Mucha’s enormous ambitions, which apparently extend as far as running in the next presidential election. Despite large gaps in powers and little experience in economics and banking, Mucha is fighting for a radical increase in his salary to the level of President Marta Kightley and is keen to take over her role as first vice president of the NBP, which grants higher rewards, bonuses, rewards and representative positions, including the opportunity to appear in the media and at international meetings,” we could read.
Shortly afterwards, the NBP press office published responses to media queries on the matter. The announcement stated, among other things, that Paweł Mucha does not supervise the NBP departments, and that “there is no such thing as overdue bonuses/rewards, as they are discretionary and closely related to work results, and not mandatory.”
NBP resolution on Paweł Mucha
In addition, a special resolution regarding Paweł Mucha, adopted by the NBP Board of Directors, was published yesterday on the website of the National Bank of Poland. As we can read, it was created “in connection with the behavior of Mr. Paweł Mucha, member of the board of directors of NBP, in 2023.”
“The Board of Directors of the National Bank of Poland declares the following:
the behavior of Mr. Paweł Mucha, member of the Board of Directors of NBP, is considered unacceptable, especially when it comes to creating an atmosphere of threats, settlements, conflicts, unfounded attempts to impose only his own position , unfounded criticism of colleagues and the President of the NBP, as well as any other actions contrary to the Ethical Principles for Employees of the National Bank of Poland;
Contrary to the accusations of Mr. Paweł Mucha, member of the Board of Directors of NBP, and notwithstanding the procedure referred to in section 1, the Board of Directors of the National Bank of Poland will carry out all its tasks in a continuous manner, effectively and in accordance with the law,” the resolution reads.
‘Andrzej Duda would be disgusted by the attitude of former minister’
In turn, the wpolityce.pl portal revealed further facts in this case. The website states that the whole thing is just about money. Importantly, according to data from the NBP website last year, a member of the NBP board of directors earns more than PLN 61,000 per month. “As we know from people well informed about the bank, in recent months Mr. Mucha has only raised the issues of his own benefits and other benefits due to him at board meetings in recent months. And apart from his salary, he wants a lot more. He demands more than PLN 120,000 in overdue money from the bank’s authorities. for bonuses and rewards to which Mr Mucha believes he is entitled. However, it is difficult to say why. Mr Mucha does not supervise all NBP departments. He only attends management meetings once every week or two. According to several of my interlocutors, he sometimes behaves there in a way that you would never see at a bank. ‘unheard of’, we read.
“As our informants confirm, all other elements of Mr. Mucha, including writing letters to the Monetary Policy Council (all of which, by some opposition representatives, immediately reached the media) interpreted as elements of increasing pressure aimed at The NBP was forced to pay this huge money. Previously, Mr Mucha tried several times to pressure the bank with subpoenas and suggestions that he “make the matter public”. This forced the NBP authorities to make statements in this regard. topic,” reports wpolityce.pl.
Moreover, the website claims that even the president was disgusted by Paweł Mucha’s attitude. “Interestingly, as we have noted, Mr Mucha’s attitude is also causing outrage in the presidential palace, where he previously worked. Andrzej Duda himself is said to be disgusted by the attitude of the former NBP minister and his public actions. to come to his senses, which were addressed to him through informal channels from that side, have so far had no effect. Perhaps because Mr Mucha, as he told several people, plans to become President of Poland in the future. And this is not a joke at all,” we can read.
Prof. Glapiński: Mr. Mucha demands exorbitant amounts
Today, the President of the National Bank of Poland, Prof., commented on Paweł Mucha’s actions during a press conference. Adam Glapinski. – As for Mr. Mucha, it is a trivial matter that does not involve any conflict in management or any interest. Mr Mucha simply demands excessive amounts of money for his work, and the level of work and the way it is carried out do not justify this, he said.
– The dispute is only about prizes and bonuses. And that’s the whole truth. The rest is just fog and childishness. But there is no division, no conflict. I repeat: there are nine members of the board of directors, and one member of the board of directors is dissatisfied with his benefits – noted Prof. Glapiński.
Source: Do Rzeczy
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
