Czech Prime Minister Petr Fiala may be fined CZK 50,000 for failing to disclose ownership of a stake in the Podnikatelska druzstevni zalozna (PDZ) credit union, as reported by Seznam Zpravy. The omission was uncovered during an investigation into suspicious financial transactions at PDZ. Fiala, unaware that his credit union account implied ownership, expressed regret and pledged to rectify the situation. Politicians are required to submit annual asset declarations, and Fiala admitted his mistake, stating he considered the account a regular bank account. PDZ is under scrutiny for alleged money laundering. Fiala’s potential fine could result from misdemeanor proceedings under conflict of interest laws.
By FCCT Editorial Team