SP: CEZ has hidden money

07/11/2012 00:00

Whil CEZ resulted today with a negative capital the Socialist Party
published some data showing that this company has spent large amounts of
money for consults.

CEZ Distribution has established a consulting company, the CEZ Albania, which directly depends from its mother company in Prague.

CEZ has paid 2.5 million USD to this company for consults in 2009, 7 million in 2010, 12 million USD in 2011 and 11 million USD only in the first nine months of 2012, according to the Socialist MP, Arben Ahmetaj.

“The incredibly large amount of money in a market with a monopoly and controlled prices, the transparency should have been simpler. There are 250 USD payments per hour of consults. One CEZ manager is paid in one hour what a teacher receives in one month”, Ahmetaj declared.

The Socialist MP added that it is impossible to take information for the way how the biggest energy asset of the Albanians has been managed. Ahmetaj quotes the Energy Regulation Entityu response for this matter.

“CEZ refused to explain where the Albanians’ money is going. They are refusing because the Albanian government and the ERE have not functioned as clients”, Ahmetaj declared.

Those who pay these millions of USD to CEZ for consults are the Albanian people, according to Ahmetaj. He showed an energy bill of an abandoned house where the bill showed that they had to pay 104.000 ALL. “This is an abuse and irresponsibility of the Albanian government”, the Socialist MP declared.

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