Czech police are currently tracking four people and three companies who are
suspected of subsidy fraud worth CZK 300 million. According to Jaroslav
Ibehej, the spokesman for the National Centre for Combating Organised
Crime, they sought to gain money from European Union funds for a number of
projects relating to a machine construction company. The suspects could
face five to ten years in jail if convicted.
Investigators started working on the case in 2017. According to the police
spokesman, the suspects, together with associated companies, presented
documents of purchased machinery where the original cost was sometimes
inflated by up to ten times.