Police arrest Prague town council employee over lost millions

The Czech police have arrested an employee of the Prague 1 town council over suspected foul play, which led to the loss of around 50 million crowns. The police believe that an organized plot enabled the missing money to be transferred to somewhere other than its intended destination, the Swedish construction company Skanska. Instead, the money was channeled to a company in Lithuania. So far, only 5.5 million crowns of the money has been recovered.

Author: Dominik Jůn