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.