|Minister of Finance of Hungary|
14 April 1967 – 12 May 1971
|Preceded by||Mátyás Tímár|
|Succeeded by||Lajos Faluvégi|
25 December 1919|
Szombathely, Kingdom of Hungary
|Died||18 September 1973
Miskolc, People's Republic of Hungary
|Political party||MDP, MSZMP|
He worked as a chemical engineer. He was arrested in 1945 because of his communist activities. He joined to the Hungarian Communist Party in the same year. From 1948 he worked for the National Planning Board. From May 1971 he served as deputy chairman of the Council of Ministers (Deputy Prime Minister). Vályi did considerable work in connection with the reform of the economic mechanism. He was a member of the MSZMP's Central Committee from November 1970.
Vályi died as the consequence of a fall suffered during a visit at the Lenin Metallurgical Works in Miskolc on 18 September 1973. In the most dangerous part of the factory he fell into the casting pit. His body was trapped between the molds and by the time he has been pulled out, his nylon suit burnt onto his body. The CEO, who tried to help the deputy minister, also suffered burns. Vályi died in a hospital after long suffering.
Many conspiracy theories have been published after the incident. The reformist politician could stand in the way the political leadership of the Eastern Bloc. Interestingly few days before Vályi's death the Polish Deputy Prime Minister, who was also a pro-Western, died when hit by a car.
- "Vályi Péter halála: zuhant vagy lökték?". Szabad Föld Online. Retrieved 2012-01-16.
|Minister of Finance
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