Finance Ministry files complaint against former Mostecká uhelná managers

The Czech Finance Ministry has filed a criminal complaint against six former managers of the coal-mining firm Mostecká uhelná whose 1999 privatization is under investigation by Swiss authorities. The mangers face accusations that they privatized the company using funds earmarked for the re-cultivation of former coal mines which later appeared on foreign bank accounts. Czech police also investigated the case but shelved it in 2008. The police in Switzerland however accused seven people linked to the deal.

Author: Jan Richter