
Latest Update:9th March Sir President Milos Zeman talks about the alleged criminal Bakala. VOTE NOW!. Click the link, http://www.easypolls.net/poll.html?p=5a949d5be4b04e95a4b00434 - Do you feel that OKD coal mines where sold at market prices in the Czech Goverment minority shareholding sale in 2004. And also in the majority shareholding sell down in the 1990s. Well on behalf of all the petition signers here, Its good to see some of the Czech Media tell there point of view and start to ask question's about the “Never ending Incompetence” in all regarding matters about OKD. OKD the fake decline Answer: Every body knows that coking coal for OKD in the first quarter of 2017. In comparative Euro prices terms was achieved at a world record high!. So the alleged nameless incompetent closed down Paskov!. Thermal coal prices have also been at a high, and very profitable price's too. OKD is so very lucky to have such highly profitable products that it can always sell so easily. Due to the shortage of coking coal in central Europe. OKD is lucky and has to only thank China for this economic boom to support these high coal prices. OKD is alleged unlucky to have such INCOMPETENT management. Who we alleging are not able to do what is right and needed in the everyday running of OKD. We ask for the Administrator Lee Louda, Creditors committee, and Supervisory board of OKD to all be terminated. And they all need to be investigated for an alleged conspiracy to destroy, damage and put OKD in to this alleged fake decline. Just as the former majority owner Zdenek Bakala who has plundered around 110 Billion CZK out of OKD. And the now majority owner AHG Group for allegedly causing a fake bankruptcy instead of just selling the massive company owned coal stock pile that was an attempt just to get free money out of the Czech Government. The “Never ending Incompetence” at OKD!. We ask the Czech Courts and media, and any Politician's who believe in our cause to help. And anyone else who believes in our cause to help us too. So the truth can be told and OKD saved from this fake decline. OKD shareholders, and all the employees we need your help. OKD will and shall be producing coal for 50-100 years from now. This planned OKD decline and closure in 2023 is “FAKE” and wrong. STOP THE FAKE NEWS IN REGARDS TO OKD!. STOP THE MISINFORMATION IN THE CZECH MEDIA STOP THE DISINFORMATION IN THE CZECH REPUBLIC STOP OKD'S COAL MINES FAKE DECLINE. SHOW THE TRUTH OF THE NEVER-ENDING INCOMPETENCE AT OKD!. STOP THE THIEVERY OF OKD FROM US THE MINORITY SHAREHOLDERS OF NEW WORLD RESOURCES. AND THE RETURN OF OKD TO US THE MINORITY SHARHOLDERS AND OR COMPENSATION STOP 9,500 OKD EMPLOYEE'S FROM LOSING THERE JOBS IN 2023. AND THE ALLEGED 2000+ JOBS TO BE LOST AT THE END OF 2018 AT OKD DUE THE PLANNED CLOSURE OF HIGHLY PROFITABLE COAL MINES MUST BE STOPPED. JUSTICE MUST BE BROUGHT UPON ZDENEK BAKALA!!. --------------------------------------++++++++++++++____________________ OKD PART VIII OKD oligarch BakalaTunneling fraud We the 120 petition signers. The Minority shareholders of New World resources the true and legal owners of OKD. And I am a believer that the Czech Courts will soon recognise us with in the next few weeks. (6th February 2018, I was wrong about Court in Olomouc. Prague is next and lastly Brno?.) We the petition signers wish to thank President Sir Milos Zeman. And a very special and big thank you from us minority shareholders to the honourable and brave man Mr Pavol Krupa. We agree with you Mr Krupa in regards to everything said in regards to OKD and New World Resources. We also must thank the Czech media that has decided to help us minority shareholders and for allowing our view to be heard. We can only wish, hope, and pray for the others media publishers, to tell the truth. And hold those accountable who have wronged the Czech Republic and it's people. (Note Bakala does own many media companies and the known ones are listed in the news section below see:###) We allege that the Oligarch Lord Purport of Ostrava's 44000+, apartments Zdenek Bakala who allegedly has committed the largest financial crime in the Czech Republic's history of tunneling (fraud) and just so the whole world can see and grasp the size of the alleged amount it's an unbelievable 110 Billion CZK, 4,357,100,000.00 Euro, 5,429,600,000.00 USD, 6,846,400,000.00 AUD (Australian dollars) that he allegedly tunnelled out of OKD and New World Resources!. Why, and how can this even be possible, Zdenek Bakala is still a free man and a multi billionaire thanks to the inactions of nameless alleged sycophants who are unwilling to take any actions to bring him to justice. Questions the media must be asking is why are so many nameless Czech Politicians and Senators are unwilling to organise for the extradition of Zdeněk Bakala from Switzerland?. And make him accountable and to answer for his alleged crimes. And why have his assets not been seized, frozen for alleged proceeds of crime?. Inaction for years it's beyond belief. We the poor Minority shareholders of New World Resources who have signed this petition are human beings and we have suffered for to many years because of the alleged inactions by nameless people who have maybe enjoyed playing this alleged long game of deceit, double dealing, misinformation, disinformation, inaction in regards to OKD!!!. Also when will the “Incompetence” in regards to the running of OKD stop. If not for us the unloved minority shareholders . Then please carefully consider the 9500+ employees that are still left working at OKD. Please listen Czech Courts, Politicians, Senators, Media, Lee louda, creditors committee, Supervisory board of OKD. THE THIEVERY OF OKD MUST STOP!!!. JUSTICE MUST BE BROUGHT UPON ZDENEK BAKALA!!. AND THE RETURN OF OKD TO US THE MINORITY SHARHOLDERS AND OR COMPENSATION Well once again we ask how can Zdeněk Bakala still be living in his Switzerland Mansion on lake Geneva like a King, smoking his lavish cigars smirking and laughing at our misfortune . With billions of euro dollars that he plundered from the Czech Republic and companies like New World Resources and OKD. We alleged the logical answer that Bakala must be protected by some very high up sycophants in Czech Politics?. Why are so their so many nameless Czech Politicians that seem to only have interest in allegedly stealing back OKD when they sold it at market prices many years ago in 2004 and the 1990s?. Most Czech Politicians who can make and change laws do seem to be ignorant in my opinion to what Bakala has done and unwilling to take any actions especially criminal actions against him. -------------------++++++++++++++++++++++++
Minority shareholders of New World Resources petition signers request. We the minority shareholders of New World Resources and all who have signed this petition. Once again please and humbly ask that for all matters concerning OKD to be made public by the authorities, by the means of an online Publication of all the information. To ensure we the minority shareholders as human beings have our rights protected. And for all the Czech people to have their fundamental rights to learn the truth, so the public knows about all the matters in regards of OKD!. We the minority shareholders also believe and ask that the new investigate commission into OKD. 1. To call all Czech Senators and Politicians for an emergency meeting. And to arrange and make it happen for the immediate extradition of Zdeněk Bakala from Switzerland. He must be returned to Czech Republic to answer for alleged crimes and explain how he got the alleged 6? Billion euro he is rumoured to be worth. And the former OKD 44,000 apartment contract to be released publicly and censored if needed. 2. That all politicians, and Union Officials are included in the commission even the current serving ones. To find out who is allegedly responsible for closing down highly profitable OKD coal mines. And who at the top is giving the alleged orders!. 3. Lee Louda Administrator, creditors committee, supervisory board of OKD should also be investigated for being allegedly incompetent and shutting down a profitable Pakov. And also for their future plans of closing down the currently highly profitable Lazy, Darkov, and CSM mines. 4. Please have a public online vote setup. To see if Czech People think it's a good idea to close down OKD (decline) coal mines. I know most Czech people are intelligent to know this is fake and very wrong, in my opinion a stupid idea made up by incompetent nameless people. OKD and the thievery from us the minority shareholders of New World Resources, now a subject that must be investigated by the Commission. Almost 2 years have now past and still no criminal's charged especially Mr Bakala. Questions must and should be asked why this has this not happened!. So when will you all the alleged nameless sycophants stop lying. I don't think it's even possible and I personally doubt it will ever stop. OKD must be returned to us the rightful owners or compensation paid as we are not and can not be held responsible for other peoples alleged crimes or of gross incompetence. And what will the Czech Media stories be about next is a good question. Are they still scared of alleged wannabe communists, who knows but some are definitely showing more signs of indirect interest. The truth will one day be told especially about OKD being so highly profitable ( 400+ million euro is my assumption from 1st October 2016 until now February 2018 for OKD's net profit!) And why the closing down of highly profitable OKD coal mines, that must be stopped. Paskov can still be saved, before it's to late. And OKD's Future is Frenštát with that massive 1.700,000,000 tonne resource of coking and or black coal mining this project could easily become a long life mine for 50 – 100+ years!!!. Everything I have written here is alleged and my opinion alone. Please do your own research.
_________________________________+++++++++++__________---- To us Minority shareholder of New World resources. Thievery its very common in all regards to OKD!. https://postimg.org/image/6769h6q63/ - This is my own money that was paid to save OKD NWR on the 23rd/ 24th September 2014!. 18497 Euro and was never intended to be a donation to Lee Louda and then transferred to Prisko, and the Czech Government or any owned department or company. Shame on you!!. I am personally beyond disgusted and insulted about the thievery of my money and assets. I have many more letters I could and may release in regards to OKD and New World Resources. It's no problem I have hundreds of emails/letters I could release to the whole world!!. ++___________________________________ Latest coal pricing. https://www.metalbulletin.com/Article/3792205/Latest-news/COKING-COAL-QUARTERLY-Japanese-mills-set-to-pay-more-amid-supply-concerns.html - 7th March 2018 Metal Bulletin’s fob Australia Premium Hard Coking Coal Index averaged $236.07 per tonne over the December-February period, up 23% compared with $191.93 per tonne during the September-November stretch. coking coal index stood at $235.84 per tonne on Tuesday March 6, compared with $216.94 per tonne on February 1. https://www.platts.com/latest-news/coal/singapore/mid-term-coal-prices-to-remain-strong-on-china-21427574 - -27th February 2018 Tuesday -Newcastle 6,000 kcal/kg NAR prices have risen to multi-year highs, trading above $100/mt FOB since December 2017, according to S&P Global Platts data. The price had fallen to as low as $48.50/mt FOB in January 2016, Platts data showed. Seaborne thermal coal prices are expected to stay "higher for longer" as China is seen remaining a strong importer amid limited output growth, Citi analysts said Tuesday. Citi analysts raised their forecast for Newcastle 6,000 kcal/kg NAR to $85/mt FOB for 2019 from $75/mt. They also forecast Newcastle price at $80/mt FOB for 2020, up from their previous view of $65/mt FOB. https://www.businessinsider.com.au/coal-price-outlook-supply-demand-balance-2018-2 -27th February 2018 Tuesday, Citi Bank revised up it's Coking coal pricing for 2018 to $178 us dollars a tonne. Citi bank also revised up long term coal pricing for 2019,2020. Czech Republic nameless fools want to close down OKD and insist on a fake decline. INCOMPETENCE! https://www.platts.com/latest-news/metals/singapore/impact-of-aurizon-rail-cut-on-australias-coking-26897526 23rd February 2018 Spot prices for Platts premium low vol coking coal quadrupled year over year in 2016 and, during cyclone Debbie, Platts premium coal prices saw their largest daily increase of US$58.50 (or 32%), to US$241/t FOB Australia. http://www.cmegroup.com/trading/energy/coal/australian-coking-coal-platts-low-vol-swap_quotes_settlements_futures.html#tradeDate=02/23/2018 - 23rd February 2018 2018 Australian Coking Coal (Platts) Low Vol Futures Settlements upto $241 USD a tonne. http://www.barchart.com/commodityfutures/ICE_Rotterdam_Coal_Futures/LU - 23rd February 2018 Friday China 6000Kcal Thermal coal Rotterdam Europe up-to $87 usd a tonne. https://www.platts.com/latest-news/coal/london/analysis-us-met-coal-demand-may-be-little-affected-21402841 -23rd Feb 2018 US coal miners are moving more met coal overseas, as domestic demand has been steadier. Exports increased to 47 million mt in 2017, from around 37 million mt in 2016. Up almost 30% look out Czech Republic. Make America rich policy?. -_____-------------------------------------------0------------------------- Latest news information in-regards to OKD http://www.ceskatelevize.cz/ct24/domaci/2413432-nekteri-politici-opustili-pri-zemanove-inauguracnim-projevu-vladislavsky-sal -9th March 2018. In my opinion Czech Tv you have issued fake news more than a few times about OKD. But also excellent news othertimes. I/we the petition signers agree with President Zeman, about Bakala and OKD and the extensive amount of fake news and reporting in most media outlets in the Czech Republic. Our opinion sorry. https://www.parlamentnilisty.cz/zpravy/kauzy/Zeman-v-projevu-sejmul-Zdenka-Bakalu-A-nejen-za-OKD-Vynadal-i-jeho-mediim-ktera-nas-poucuji-Vysmal-se-i-CT-Nemcova-ci-Kalousek-odesli-ze-salu-527274 -8. March Thursday. 2018 14:30 "Just before the collapse of the company, which employs 10,000 people, Zdeněk Bakala has collected the last 16 billion crowns on dividends. Even so, by the way, OKD and OKD tenants were also robbed of their flats. Until this issue is investigated, we can not claim that great economic crime is past and that Viktor Kožený hiding in the Bahamas does not have his great successor in the person of Zdeněk Bakala. When I asked both the Minister of Justice and the Supreme Prosecutor for a while to investigate in style, fall to whom I was, I met a very embarrassing response, "Zeman said he was sorry http://www.ceskenoviny.cz/zpravy/v-cesku-se-loni-vytezilo-vice-hnedeho-uhli-a-vyrobilo-koksu/1594491 -7th March 2018 Wednesday -Black coal mining in the Czech Republic last year, according to the MIT data, fell by almost one fifth 20% to almost 5.5 million tons. The only Czech producer of the commodity is OKD. IMCOMPETENCE. http://www.ceskatelevize.cz/ct24/regiony/2410507-tezebni-veze-padnou-chodby-zaplati-voda-obyvatele-okoli-likvidovaneho-paskova-vsak -6th March 2018 Tuesday - “The OKD reorganization plan assumes that further mines will gradually be dampened. This year, the Darkov and Lazy mines should come and CSA in 2021. Coal mining in the region should eventually end with a dampening of ČSM Mine in 2023. Due to the time slip in the approval of the plan, but it is not clear whether this timetable will change, terms can also influence the conditions of the coal market. According to earlier information, more than two thousand people should leave the Darkov and Lazy mines.” “The approval of the reorganization plan has long been supported by trade unions. “ OKD Incompetence and the fake decline. Now this is in my opinion a criminal act by some powerful and alleged corupt nameless people. Will the Investigative commission of OKD deal immediately with this large problem before the 2000 OKD employees loose there jobs at Darkov and Lazy coal mines. Unions do not own OKD. Do your job and protect your workers entitlements and working conditions. Union officials must also be investigated in-regards to an alleged involvement in the fake and destructive decline of OKD. And in-relation to Political partie's. http://www.ceska-justice.cz/2018/03/navrh-piratu-k-danovemu-radu-podle-cak-si-komuniste-netroufli-takto-prolamovat-advokatni-mlcenlivost/ -6th March 2018 tuesday -Constitutional Court and the European Court of Human Rights have repeatedly stated that the protection of fundamental rights is indeed the case - the basis of the lawyers' discretionary law is the constitutionally guaranteed rights to a fair trial, legal assistance and privacy. The duty of confidentiality therefore always affects third parties. https://www.pirati.cz/tiskove-zpravy/komise-pro-vysetrovani-okd-sbira-podklady-cernohorsky.html -5th March 2018 Monday - Captain Perestroika, Aka Captain Chernobyl. Lord of the useless information that is already known. Yes Bakala has billions from OKD in his Swiss bank accounts. Yes the Former Minister of Industry and Trade, Jan Mládek told the media at every chance about shareholders getting nothing from there legal ownership of OKD in 2016/17. Lets find out who at the top like nameless Politicians, Government officials who also thought and conspired to do the same to us minority shareholders. You also need to investigate the fake decline of OKD a then and now highly profitable company. Who ordered the closure of Paskov at record high pricing in Euro terms. What European and international trade laws is the Czech Republic violating for the alleged thievery and seizure of OKD. When will citi bank and other investors seek arbitration against Czech Republic over OKD!. https://www.parlamentnilisty.cz/politika/politici-volicum/Hajek-ANO-Navrh-na-pribrani-znalce-vysetrovaci-komise-akceptovala-526402 -2nd March 2018 “OKD Investigation Commission. Some are writing - if I say that honestly - that our committee is useless and does nothing to solve anything. I understand that there is nothing easier than anonymous criticism, but I also understand that the people who are personally affected are already tired in those years. Nevertheless, I believe he is interested years after years in who has political, moral, and possibly criminal, legal responsibility for the troubled privatisation of OKD . OKD Investigation Commission. Was an is against the majority of Czech People rights. We all Know what Bakala and others have done. If you have something top secret from 2004 of going back as far back as 1990. Please show the world in Public online. Your behaving in my opinion like a pact of Communists (Captain Perestroika will lead the OKD Commission). OKD coal mines sold at market prices it's a fact. Do you think you can change history and lie to your people. That's what Communists did in the past to the Czech Republic. There is and has been an alleged plot since 2016 to steal OKD from us minority shareholders . We all remember the public comments especially from town crier former Minister of Industry and Trade, Jan Mládek about shareholders getting nothing from there legal ownership of OKD in 2016/17. And that the Czech Government will buy the whole of OKD for 1kc. But when the Czech Goverment sold it's minority shareholding in 2004 the company OKD was valued at 370million Euro. (44.88% ) AHG Group offered the Czech Government to buy back OKD for 235 million Euro!. We all know about the alleged fake and fabricated reports, verbal and written statements and news in regards to OKD!. NEVERENDING INCOMPETENCE!. http://www.parlamentnelisty.sk/arena/monitor/Milos-Zeman-Bestialne-zavrazdeny-slovensky-novinar-sa-snazil-odhalovat-tunelovanie-Ceski-komentatori-len-taraju-a-nikdy-nic-nedokazali-298380 2. https://www.barrandov.tv/video/120995-tyden-s-prezidentem-1-3-2018 - 2nd March 2018 Czech president Sir Zeman talks about the murder of Czech investigative journalist Jana Kuciak and his girlfriend. He was investigating the Mafia at the time. https://www.parlamentnilisty.cz/arena/nazory-a-petice/Stanislav-Novotny-Novodobi-cenzori-fizluji-hraji-si-na-StB-a-blokuji-lidem-emaily-526478 -2nd March 2018 Czech Charter of Fundamental Rights and Freedoms as part of the constitutional order of the Czech Republic. I would assume the highest law in the land. Article 17 (1) Freedom of expression and right to information are guaranteed. (2) Everyone has the right to express his / her views in word, print, print, image or other way, as well as to freely seek, receive and disseminate ideas and information regardless of the state boundaries. thttp://vasevec.parlamentnilisty.cz/domaci-politika/sobotkova-nekoncici-neschopnost -1st March 2018 Thursday Sobotka's endless incompetence. OKD has never ending Incompetence in my opinion!. Surely some nameless faces in the Czech Republic can run a few coal mine's to capacity?. 1. http://regiony.impuls.cz/dul-paskov-konec-tezba-sachta-djl-/moravskoslezsky-kraj.aspx?c=A180228_165406_imp-moravskoslezsky_kov#utm_source=rss&utm_medium=feed&utm_campaign=iregiony&utm_content=main -28th february 2018 -At the end of mining, OKD proposes to dismantle mine workings, fill up mining and wind pits and gradually flood the underground as it did in Ostrava, for example. Paskov a much need mid-vol coking coal mine that was closed down when it was very profitable. Also Paskov's coal was much needed due to shortage of its coking coal and for the mines dumps/stockpiles of coking coal that was used for for local steel mills. Paskov is located 20km south of Ostrava. INCOMPETENCE to close down Paskov, Save OKD before it's to late. https://www.parlamentnilisty.cz/arena/monitor/Petr-Zantovsky-zvolen-do-Rady-CTK-a-z-Bakalova-platku-okamzite-vyletela-jedovata-slina-526262 -28th february 2018 Bakala the oligarch. To me he just a criminal who is being protected by other nameless faces. http://vasevec.parlamentnilisty.cz/clanky/verdikt-ke-kauze-okd-v-dubnu - 26th February 2018 Monday minority shareholding in OKD. Advocates also tried to break the card for the whole case. It seems, however, that the 20-year limitation period, despite all the efforts of the defendants' lawyers, does not apply to the whole case. No disrespect towards the former Prime Minster Jiří Paroubek . Please can we the petition signers and all the Czech People see these top secret documents from the 1990s. Or are they time barred too!. In my opinion fake or maybe don't exist, or not as we are being told by nameless people. OKD coal mines sold at market prices “Yes” or “No”. https://byznys.lidovky.cz/v-dubnu-padne-verdikt-k-okd-ve-hre-je-i-mozne-promlceni-pd5-/firmy-trhy.aspx?c=A180225_125639_firmy-trhy_ele#utm_source=rss&utm_medium=feed&utm_campaign=ln_byznys&utm_content=main -25th February 2018 - PRAGUE Although Friday's trial in the OKD case, joint stock company OKD, as "It was a November 1, 1993, when it is already a fully privatised entity, although most of the shares are still held by the state through the National Property Fund, OKD was sold at market prices. Now coal prices are at very high prices you allegedly want OKD but don't want to pay. So you use alleged fake and fabricated news, documents, statements. With holding our assets OKD for years, playing such a game of treachery. And letting Bakala live like a king with over 4 billion euro that he plunder out of OKD. Shame on you the Czech Republic!. Who will invest in the Czech Republic in the future. What you are doing to us minority shareholders is called thievery. And I am of part Czech ancestry A Majority of the petition signers and shareholders are Czech people. And secondly Polish. You do know many OKD coal miners are minority shareholders too!. Think about be everything for a while before you destroy OKD out of petty spitefulness.
https://www.parlamentnilisty.cz/politika/politici-volicum/Paroubek-Bakala-radil-aneb-serial-v-TV-Barrandov-525503 -23. 2. 2018 9:46 Bakala and his partner managed to withdraw CZK 100-120 billion from OKD within eight years of its operation, according to experts. And he laughs everyday at us all. Smoking his lavish Cuban cigars with his big smirking grin. https://aeronet.cz/news/vime-opet-prvni-freemailove-schranky-centrum-cz-zahazuji-uz-dokonce-i-obchodni-postu-schyluje-se-k-desitkam-zalob-na-spolecnosti-zdenka-bakaly-a-tomase-charvata-virusfree-zahodil-objednavku-invalidy/ - Feb 23, 2018 Zdeněk Bakala is a protected man. But his day will come sooner than people think. Fake and misplaced mainstream fake news media only in the Czech Republic!.
https://ostrava.idnes.cz/okd-okd-nastupnicka-prisko-citibank-soud-soudni-pre-zamitnuti-reorganizacni-plan-reorganizac-i1t-/ostrava-zpravy.aspx?c=A180222_384787_ostrava-zpravy_sme#utm_source=rss&utm_medium=feed&utm_campaign=ostrava&utm_content=main -22 February 2018 Thursday OKD fake decline, Citi Bank what role did they play and it must be made Public. Did Citi Bank or AHG Group or even both companies cause OKD faked bankruptcy of great Incompetence?. Why was OKD massive coal stock pile never sold since 2011?. We all want to know why they would not sell OKD coal stockpile to survive?. We all want to know the truth. https://www.tyden.cz/rubriky/media/televize-a-radia/jaromir-soukup-rozebere-kauzu-okd_468512.html ***Must read***21st February 2018 Jaromír Soukup will offer you a completely new look at the OKD case. Coal mining in the Czech Republic has fallen from more than 13 million tonnes to just under 7 million tonnes in 2016. And far worse, in the last sixteen years, 24,000 jobs have been lost in the industry, a drop of 59 percent. I will say it in one word “INCOMPETENCE”. The video in Czech only sorry: https://www.barrandov.tv/video/120477-kauzy-jaromira-soukupa-21-2-2018 http://iuhli.cz/citibank-dal-valci-s-okd-o-miliardy/ -20 .2.2018 Citibank in Ostrava Court in June 2018. 1. http://www.hellenicshippingnews.com/polands-coal-imports-from-u-s-rose-five-fold-in-2017/ -20.2.2018 . Poland’s imports of coal from America increased 500%. Czech Republic answer is to close down highly profitable coal mines. To make countries like America rich. INCOMPETENCE in regards to OKD I allege. Coal output at Polish mines fell 6.5 percent in 2017 to around 66 million tonnes. http://iuhli.cz/okd-chce-letos-vytezit-5-milionu-tun-uhli/ ***MUST READ***_ 19th February 2018 Monday. OKD wants to only mine 5 million tonnes of coal. What happened to the past 8 million tonnes of capacity. I believe in my opinion on behalf of my petition signers. This is a criminal act of shutting down highly profitable coal mines. That are owned by shareholders not an alleged INCOMPETENT, administrator Lee Louda, Creditors committee and supervisory board. The Czech people all know they are being deceived with fake news, misinformation and disinformation in all matters about OKD. When will the truth be told is what we really want to know. Shame really you don't care about the miners or bringing Bakala to justice who plundered alleged billions of euro out of OKD. UNBELIEVABLE and only in the Czech republic can this happen!!!. https://www.novinky.cz/ekonomika/463452-prisko-prevezme-okd-do-pololeti.html -***MUST READ*** 15th February 2018 -In mid-August 2016, the company lent OKD 150 million crowns. "Thanks to the improved management, the company has not used any money and in November 2017 all the money has returned," Klásek confirmed. OKD has not borrowed any Czech Government Money!.