Politics & Policy|Companies|Society
Martin Shabu|14.05.2012

Firms tied to North Bohemia ‘godfather’ in crosshairs after EU funds audit

The allocation of EU grants in Northern Bohemia was not carried out in line with requirements, according to an audit by the consultancy Deloitte ordered by the Czech FinMin and EU executive. Problems were found in 34 of the 35 projects examined — and calculations of the evaluation criteria were riddled with systemic mathematical errors. What’s more, sources say the winning firms are secretly owned by regional ‘godfather’ Patrick Oulický.

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