Chris Johnstone|24.11.2011

Czech police finish first round of probe into ‘bargain’ OKD sale

Czech anti-corruption police called in to get to the bottom of the sale of the state’s 46 percent minority stake in the OKD mining company in 2004 — seemingly for a fraction of its actual value — have wound up the first leg of their investigations, the questioning of the main players like Social Democrat (ČSSD) head Bohuslav Sobotka, and will now likely focus on what criminal charges could be pressed.

Politics & Policy|Companies
Brian Kenety|31.05.2011

Police probe role of Gross, Sobotka in OKD sale

The Ostrava branch of the anti-corruption police last week began a criminal review into the role of former Social Democrat (ČSSD) Prime Minister Stanislav Gross and his then Finance Minister Bohuslav Sobotka, the current ČSSD chairman, in the 2004 privatization of 46 percent of OKD coal company for a fraction of the assessed value, the Právo daily reported Tuesday.