Union Banka clients stage protest to demand compensation

Some one hundred, mainly elderly, clients of the troubled Czech bank Union Banka gathered on Prague's Lesser Town Square on Monday to demand their money be released from their accounts. The protesters, some of whom have their life savings in the collapsed bank, signed a petition calling for a detailed investigation, accused the bank of asset stripping and demanded compensation of up to 4 million Czech crowns. While whistling and chanting slogans such as "defend our rights" the protesters made their way to parliament, hoping to forward their petition to lower house deputies. However, instead of support from MPs, they received a fine by the police for failing to have permission to stage their protest away from the square.

Author: Dita Asiedu