PRAGUE Feb 18 CEZ, central Europe's
largest listed company, said Czech police are investigating four
of its deals including the sale of a German coal mine stake and
an investment in Albania.
Responding to a Czech newspaper report on Monday, a
spokeswoman for the majority state-owned power utility said
police started asking nearly a year ago for information on the
They also include a supply deal for a temporary spent-fuel
storage facility at CEZ's Temelin nuclear power plant and
possible violations of procurement law, she said.
"We've been continuously giving them all the necessary
information they required," Barbora Pulpanova said. "We are not
aware of any fault."
She said she was unable to give further details.
The state anti-corruption police unit and municipal police
declined to comment.
One of the probes involves Mibrag coal mines in Germany. CEZ
sold its 50 percent stake to co-owner EPH, another Czech energy
company, in 2011, and in return received heating company
Energotrans. The deal was completed in June 2012.
An EPH spokesman said the company had not been contacted by
Another investigation involves CEZ's Albanian distribution
unit, which was stripped of its license in January.
CEZ could lose up to 200 million euros from its Albanian
investment and is seeking arbitration against the Balkan state.
Pulpanova said police had also asked about a contract for
the spent-nuclear fuel facility with Hochtief's Czech
unit. Hochtief was not immediately available to comment.
($1 = 19.0225 Czech crowns)
(Reporting by Jason Hovet and Jana Mlcochova; Editing by Erica