Czech ex-minister, ex-head of bank blamed

CZECH REPUBLIC - Ex-Finance Minister Pavel Mertlik and CNB central bank ex-governor Josef Tosovsky are responsible for the forced administration imposed on the IPB [Investicni a postovni banka - Investment and Post Bank] bank last June and its disadvantageous sale to the CSOB bank [Czechoslovak Trade Bank], Lidove noviny writes today citing a report by the lower house investigation commission.

The 10-member commission has been investigating the affair for almost one year, trying to find out why

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