WHERE ARE THEY
Dušan Tříska: From state to private sector
Written by: Monika Mudranincová
Photo: Libuše Rudinská
What has become of Dušan Třiska (57),
one of the fathers of the process whereby the state offered its
citizens shares in state property worth a total of CZK 300 billion
for a mere thousand crowns each? He caught the train of inchoate
capitalism with a ticket from this country's largest insurer.
AT THE BEGINNING of the '90s, not a day went by without Dušan Třiska,
one of the "privatization trojka of Klaus-Ježek-Třiska",
appearing on television. As deputy to finance minister Václav Klaus,
he designed the technical solution for the enormous event that ended
with investment fund scandals and embezzlement. Years later, Třiska
considers the delivery of "his baby" as positive. "The
privatization resulted in a new distribution of property and power.
In this country it went smoothly, and the result exceeded our expectations,"
he says proudly, in spite of the fact that most people now associate
the privatization primarily with Viktor Kožený, who was investigated
for misappropriation of funds. "Of course we weren't naive;
we figured that some would be able to misuse the privatization.
But even though Kožený did many things we didn't like, in principle
he didn't rob anyone in this country," explains Třiska. He
also rejects the argument that the process was hastily implemented
and lacked sufficient legislative controls. "It wasn't possible
to build a legal framework from scratch and then to start building
capitalism," he contends.
In 1993 Třiska left government service and went into business. He
assembled the team that created the conceptual and implementation
framework for RM-Systém and the Securities Exchange Center. Four
years later, with the same team of experts, he established CD-F,
a firm that started providing electronic support to insurance contract
managers at Česká pojišťovna (ČP). This cooperation led to financial
connections - ČP currently owns a 51% stake in CD-F.
Třiska doesn't miss the negative media attention connected with
the privatization. As for the well-known trojka, he says: "I'm
not in contact with Tomáš Ježek - I don't even know what he's doing
now." On the other hand, he used to see Klaus every other week,
since they both belonged to the Center for Economics and Politics.