Anti corruption office enters Kulczyk Holding

Poland's anti-corruption office CBA has entered the offices of chemicals group Ciech and Kulczyk Investments, its major shareholder, as part of an investigation over Ciech's privatization in 2014. "Officers entered the premises of Ciech and Kulczyk Investments today," a CBA spokesman said. The agency has also raided the apartments of Ciech's former CEO and former deputy CEO. Marta Wysocka, spokeswoman for Kulczyk Investments, said that CBA asked for documents related to the tender which the group's unit, KI Chemistry, announced in 2014 to buy a majority stake in the previously state-run Ciech. "We cooperate with the officers," she said. The investigation over Ciech's privatization concerns the "failure to comply with the obligation and abuse of powers in order to gain material benefits" by persons obliged to deal with the sale of a 37.9 percent stake in the company.