Kocourek failed to declare Kč 8 mln placed with Key Investments

Forced to resign after hiding Kč 16 mln from his wife, ex-Czech trade minister Martin Kocourek also failed to declare earlier Kč 8 mln deal

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Tom Jones | 13.12.2011

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Already under investigation for concealing Kč 16 million from his wife, ex-minister Martin Kocourek could now face scrutiny for failing to declare a further Kč 8 million

One month ago Martin Kocourek was forced to resign as minister of Industry and Trade after it emerged that through the nontransparent brokerage Key Investments, bonds worth Kč 16 million were transferred to his mother. Now the daily Mladá fronta dnes says it has documents showing over Kč 8 million passed undeclared through his account with Key Investments when he was an MP in the early 2000’s.

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