Prime Minister Bohuslav Sobotka oversaw the sell-off of mining firm OKD for a suspiciously low price in 2004 when he was finance minister, Mladá fronta Dnes reported on Thursday. The company was sold for CZK 4.1 billion when it was actually worth more than twice as much, the newspaper said. Mr. Sobotka had the value of OKD verified by a law firm that also represented the buyer, MfD said, quoting a police file. The current prime minister had previously worked at the law firm, which is headed by his friend. When the European Commission questioned the selling price, the Finance Ministry sent a letter to Brussels asserting that it had been in order – despite having received assessments putting the value of OKD at CZK 10.3 billion. Mr. Sobotka says the letter was signed by a deputy.
Terminal 2 at Prague‘s Vaclav Havel Airport evacuated due to bomb threat
Bestselling guidebook maps some of Prague’s quirkiest sites
Business prodigy brings US-style schools to Czech Republic
Grand Café Orient in Prague–the only Cubist café in the world
Federer: “The Laver Cup will be a tough tournament, with tough matches, where the better player wins”