Prague 13

Bad news for politicians linked to Key Investments

Latest developments with companies linked to Key Investments bode ill for politicians who invested public funds with the dodgy brokerage  

István Léko 11.4.2012

Prague districts approve ambitious cable car project

O podobné lanovce, jež vede nad lesy japonského Hakodate, snil starosta Prahy 5 Milan Jančík. Studie na vznik lanové spojnice mezi Barrandovem a Novými Butovicemi je stále ve hře.

Project drawn-up under controversial ex-Prague 5 mayor Milan Jančík with price tag of up to Kč 500 mln gets planning permission

Tom Jones 6.2.2012

Prague 13 says dubious investment debt repaid

Představitelé Prahy 6 a Prahy 10 by se měli sejít s Davidem Vodrážkou a dozvědět se cenu, za kterou Key Investments z portfolia prodala konkrétní dluhopisy.

One of the three Prague districts which entrusted  investment group Key Investments with cash says outstanding debts have been paid.

Prague districts warned over invalid bond investments

Three Prague districts under fire for investing public funds with a dubious broker have been told bonds bought for them may be invalid

TOP 09 calls on Chalupa to resign over Key Investments

Podle TOP 09 si komunální politici počínali stejně, jako kdyby peníze svých městských částí vložili do ruky prvnímu gamblerovi u rulety. (Zleva David Vodrážka, Tomáš Chalupa,  Antonín Weinert, Vladislav Lipovský.)

TOP 09 calls on Environment Minister Tomáš Chalupa and Prague district mayors to resign over the Key Investments case

István Léko 16.5.2011

Prague 13 language school tender ‘nonstandard’

Miroslav Křížek při nástupu do státních služeb tvrdil, že ukončí podnikatelské aktivity, kde hrozí střet zájmů.

Prague 13 awards teaching contract to a language school run by wife of district representative Miroslav Křížek, head of CzechInvest

Martin Shabu 10.5.2011

Key Investments blames Czech Position for inability to pay

Zastupitelstvo Prahy 10 (na snímku starosta Milan Richter) řešilo v pondělí zprávu rady o stavu jednání s Key Investments.

Prague 6, 10 and 13 should consider insolvency proceedings against issuers of securities Key Investments purchased on their behalf

Key Investments case: hope dies last for Prague districts

Starosta Prahy 13 David Vodrážka (vlevo) a bývalý starosta Prahy 6 Tomáš Chalupa nesou spoluodpovědnost za smlouvy městských částí s firmou Key Investments.

Prague districts 6, 10 and 13 are still waiting for the return of Kč 650 million they invested with opaque brokerage Key Investments

Tomáš Hlaváč 27.4.2011

How to get Kč 650 million from Key Investments: a hopeless challenge?

Marie Kousalíková, Milan Richter a David Vodrážka zažívají horké týdny s Key Investments.

Prague districts are taking different — and uncoordinated — paths to try to redeem their money invested with Key Investments

István Léko 25.4.2011

Mayor Richter’s naive plan to rescue Kč 200 mln falters

Plán starosty Prahy 10 Milana Richtera je jednoduchý pouze na papíře.

Česká spořitelna and Equity Consulting have refused to evaluate the portfolio put together by Key Investments with Prague 10’s money.

Key Investments: Only J&T, PPF can aid Prague 10 mayor

Prague 10 will hold onto bonds issued by E Side Properties. The administration may be expecting PPF of J&T to come to the rescue

István Léko 25.4.2011

Key Investments case: state prosecutor quick to react

State Prosecutor confirms that economic crimes police to investigate Key Investments in connection with Prague 13 funds.

István Léko 11.4.2011

Police called upon to recover Prague 13’s Kč 200 million

Starosta David Vodrážka (ODS, uprostřed) zažádal Key Investments o vrácení peněz. Podle trestního oznámení Libora Jirků (TOP 09) však nedorazily.

Prague 13 assembly member Libor Jirků appeals to public prosecutor to secure return of public funds from Key Investments brokerage

István Léko 28.3.2011

Key Investments’ mysterious transaction explained

Novopečená starostka Prahy 6 Marie Kousalíková zdědila po svém předchůdci Tomáši Chalupovi i nadělení s Key Investments.

The new Prague 6 mayor can now accurately calculate the value of the district’s investment portfolio managed by Key Investments

Learning from Key Investments’ experts

Key Investments last made headlines for its instrumental role in the fairytale enrichment of ex-premier Stanislav Gross (ČSSD)

Key Investments’ seductive know-how won over financial experts from the administrations of Prague districts 6, 10 and 13