State-controlled companies set for audit

Saturday’s edition of the daily Lidové noviny reports that Minister of Finance Eduard Janota will undertake a far reaching audit of state-controlled companies ahead of elections in May. The audit aims to weed out incompetent political appointees at the head of companies. The report says it will also seek to make sure their pay and bonuses are in line with practices elsewhere, for example in neighbouring Germany. Companies lined up for the audit include power giant ČEZ, Czech Airlines, Czech Railways and the operator of Prague airport.

Author: Chris Johnstone