Police raid state CzechInvest agency

Anti-corruption police raided the offices of the state CzechInvest agency in Prague on Wednesday. The reason for the raid is not yet known; police and CzechInvest officials were unable to comment as the investigation is ongoing. According to the Czech Press Agency, the company’s electronic systems were taken offline and employees were sent home. A press release made by the Social Democratic Party in July accused the company’s director of trying to quietly privatise one of its main functions, which is to manage European grants and draw investors into the country. CzechInvest denied the allegation.