It’s emerged that Konstruktiva Branko, a construction company connected with the corruption scandal of the former regional governor David Rath, currently in custody, is now out of business. A company called Tenton, established in the spring, took over all its obligations, but the suspicion is that the real reason behind the transaction is to get rid of the discredited name, writes the economic server e15.
Konstruktiva Branko won a tender for the reconstruction of the Buštěhrad Castle west of Prague, a job it won with a bid of CZK 214m. An earlier tender put the estimated cost of the repair work at CZK 50m cheaper, but then-governor Rath is alleged to have engineered a new tender which resulted in the greatly increased final price tag. It was this overpriced-order that was the immediate reason given for Rath’s arrest, when he was caught with CZK 7m in cash, stuffed into a box he claimed he thought was full of wine bottles.
Tenton has moved into the former headquarters of Konstruktiva Branko in Prague’s Bráník district. The company has since been taken over by a former director at Konstruktiva Branko.
