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Former minister Pecina somehow obtained 120 million euros and bought the Liberty Ostrava steelworks

Liberty Ostrava is bought by ex-minister Pecina. He offered three billion crowns

The owner of the bankrupt Liberty Ostrava smelter will be the association of the companies SPV NH Ostrava and SPV NH Koksovna of former Interior Minister Martin Pecina. The proposal of the insolvency administrator Šimon Peták was approved by the creditors’ committee and the secured creditors of the smelter. The association offered CZK 3.01 billion for the plant. The sale will be approved by the insolvency court and the antitrust authority. The plant could be transferred to a new owner in the autumn, insolvency administrator spokesman Michal Štefl said.

Source https://irozhlas.cz/hut-liberty-ostrava-kupuje-exministr-pecina-nabidl-tri-miliardy-korun