Former head of ČEZ probed after political law suits


October 21, 2015





October 21, 2015




The state prosecution has launched an investigation to determine the role of Arben Seferi, former chief executive of ČEZ Albania sh. a., Czech state-run company which used to control power distribution in Albania from 2009 to 2012, and two other people. Portal Albeu reported the Supreme State Audit (KLSH) had earlier filed a law suit against the three for abuse of office in 2014 and 2013, resulting in financial damage of EUR 32.04 million suffered by electricity distribution network operator Oshee sh. a., and EUR 5.63 million of state income.

Prime minister Edi Rama pledged to request international expertise on the events that led to the termination of the contract with ČEZ. On October 8 he stated that the government asked the United States Federal Bureau of Investigation for help in the ČEZ affair. The opposition Democratic Party of Albania demanded from the national parliament to start an international inquiry, claiming the government is „trying to hide EUR 600 million.”

On October 14, KLSH said it filed a suit against energy minister Damian Gjiknuri and state attorney Alma Hicka. The auditors stated that an amicable agreement the two officials made in June of last year with the Czech Republic has caused a EUR 479 million damage, while they should have pursued international arbitration. Fee for the negotiation of the agreement was EUR 95 million, financial liability coming from mismanagement timeframe is EUR 352 million, and there is EUR 32 million from the depreciation of 24% of state’s shares, the report said. Gjiknuri denied the allegations as politically inspired, stressing the alternative would have been to block foreign investment. The government claims it managed to avoid even greater expences with the move.


Related Articles


Renewables in Greece get shortcut to grid connection with PPAs

23 April 2024 - Renewables projects in Greece with PPAs with energy-intensive industrial consumers get priority in the transmission grid connection queue

Brite Solar agrisolar panel plant Greece 2024

Brite Solar to complete agrisolar panel plant in Greece by end-2024

23 April 2024 - Greek startup Brite Solar is building a production line in Patras for transparent solar panels for agrivoltaic production

green wolt scotland floating wind farm

Green Volt, world’s largest floating wind project, obtains planning approval

23 April 2024 - The project has now received all its planning approvals and remains on track to be the first commercial-scale offshore wind farm in Europe


Solar power plants in North Macedonian industrial zones to supply exporters to EU

23 April 2024 - Solar power plants in industrial zones in North Macedonia will enable manufacturers exporting their products to the EU to avoid CBAM