Czech Forests company under investigation for missing millions

Detectives are investigating the disappearance of tens of millions of crowns from the state company Czech Forests or Český Lesy. Specifically, questions surround a 150 million crown contract to renovate the company’s computers. However, critics say that the deal was illegal because it was done without a tender process and the deal was soon cancelled. But much of the monies involved appear to have been paid to the company involved anyway. Czech Forests have so far been unable to explain the serious discrepancy and police are now investigating the matter.

Author: Dominik Jůn