Griffin, Echo Investment executives arrested in an anti-corruption probe. PiS senator allegedly involved

WSE-listed real estate developer Griffin Premium chairman and Griffin Real Estate CEO Przemysław K. (name withheld due to the Polish privacy laws) was arrested by the anti-corruption bureau CBA as a suspect in a large-scale corruption investigation. Along with him, authorities apprehended WSE-listed developer Echo Investment’ board member Mikołaj M. and Grzegorz K. son of a prominent Law and Justice (PiS) senator Stanisław Kogut. The prosecution wants to arrest the senator as well and has asked to lift his immunity. Kogut claims that he is innocent, and will waive his immunity. He calls the investigation “an attack on him and his foundation which helps handicapped.” He was suspended by his party. According to wPolityce website, CBA has recordings and other evidence that clearly show that the senator is accepting financial benefits.” The website claims that the investigation concerns sale of the Cracovia hotel in Kraków and a bribe exceeding PLN 1 million. Two local businessmen were also arrested. Echo Investment and Griffin Real Estate premises are currently being searched by CBA agents in connection with the case.