Skip to content
Advertisement

Business

Kogeneracja officials detained in fraud investigation

The president and the economic director of the Kogeneracja Complex of Wroclaw Powerplants were detained on Thursday by officers of the Central Bureau of Investigation (CBS). The move is linked to an investigation by the Wroclaw prosecutor's office into allegations of forged financial statements by the company. The investigation began last week, following accusations that 140 tons of coal were missing after discrepancies were found between the stock inventory and the actual stock. The chief accountant of Kogeneracja and a member of its board were arrested on Monday last week on fraud charges after allegedly falsifying the company's financial results in order to hide the coal shortage. According to sources quoted in Gazeta Wyborcza, a request for the arrest of the president and the economic director will be filed. (Gazeta Wyborcza, Dec. 1-2, p. 31) M.T.K.

More from Business All