District mayor explains financing behind 8.4 million crown flat

The mayor of Prague 4, Zdenek Hovorka, has after weeks of delay offered an explanation on how he financed the purchase of a flat costing 8.4 million crowns, the equivalent of 350, 000 US dollars. Mr Hovorka has said he paid for the flat with funds that came from the sale of valuable paintings given to him by his father. Questions over the mayor's apartment first surfaced in April, but he had refused to offer any information till now. Politicians' personal finances have come under media scrutiny in recent months following a scandal earlier in the year that forced former prime minister Stanislav Gross to step down.