Key Investments scandal: a year of futile struggle with tentacles of corruption

Despite nearly Kč 1 billion of public funds having apparently been lost or embezzled, in over a year nobody has been held to account

HOT TOP|Politics & Policy|Companies

István Léko | 22.02.2012

CZE

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Exactly a year ago, Czech Position was the first publication to report on the scandal surrounding the Key Investments brokerage, which could be dubbed as the Czech equivalent of the Bernie Madoff case. While the US finance fraudster received a 150-year prison sentence, the main protagonists in the Czech scandal remain free — thanks to the level of morality and expertise in the Czech police and judiciary.

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