TI’ Laska says billions of crowns siphoned from Prague Public Transport Company

23-08-2012

Vaclav Laska of the Czech branch of Transparency International claims the police have enough evidence of suspicious deals and manipulated tenders at the Prague Public Transport company to file charges against several former high-ranking officials. In a statement for the CTK news agency Mr. Laska said a group of people around the company’s former manager had manipulated public procurement tenders in a way that allowed them to siphon billions of crowns from the company. He said that annually approximately one billion crowns had been lost in this manner. Anti-corruption police raided the company’s offices last week after the company’s then manager filed a criminal complaint against his predecessor and several former high-ranking officials.