Social Democrats leader Jiří Paroubek criticizes Minister of Finance Eduard Janota

Leader of the Social Democrats party Jiří Paroubek said on Friday that Minister of Finance Eduard Janota had addressed the inadequately high bonuses given to former managers of the Czech airline ČSA too late. Mr. Paroubek said he nonetheless appreciated Mr. Janota’s effort to investigate bonuses given to managers of companies that the state owns stock in, such as Prague Airport or the Czech energy company ČEZ. After news that 15 former managers of the Czech airline ČSA would receive about 120 million Czech crowns in bonuses, Minister of Finance Eduard Janota said Thursday that he considered the bonuses inappropriately high and that he will wage a large-scale investigation into bonuses received by managers of other semi state-owned companies, starting next week.

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