Non-transparent public contracts caused a loss of 32 billion crowns for the Czech Republic last year

According to TIC, the total estimate of losses caused by the inefficiency and lack of transparency in public contract awarding procedures in 2004 amounts to CZK 32.4 billion (over $US 13, 6 billions). The main causes of this situation is political unwillingness to set a really efficient and enforceable framework for public procurement, the influencing of public contract awarding procedures by political representatives and lack of efficient controls.