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Czech TV says Setuza falsifies results, Setuza rejects it.

Europe Intelligence Wire

| December 01, 2002 | COPYRIGHT 2002 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Czech News Agency)

PRAGUE, Dec 1 (CTK) - North Bohemian food company Setuza has probably falsified its economic results pretending it was making a profit, and the difference between the real and published results allegedly is in the order of hundreds of millions of crowns, Czech TV (CT) has said in its evening news programme. However, Setuza rejects the allegation. Its spokeswoman Marie Logrova told CTK today the company would seek a legal way to deal with it.

CT ...

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