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PALISADE: CENTRALIZING SECRETS

Source: SAMIZDAT MAGAZINE - PRAGUE

Samizdat is all about truth and information. Which is why we consider the greatest thing to happen to Prague in the last 15 years to also be the worst. The creation of the Palisade Bank in 2017 created a welcome surge in the economy and put Prague back on the map, improving everyone’s quality of life. Or did it? Since then, thousands of companies and their powerful owners have hidden behind those treacherous walls, allowing many to conveniently sidestep normal regulation or transparency in their business practices. What kind of secrets are they hiding in there? We’ll never know because the Czech Republic’s pro-corporate laws ensure that no one can ever get a court order to find out. Cash your paycheck on that, my friends.

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