In the appeals proceedings the court cancelled the verdict of the Prague City Court that decided against the trial and ordered the case to be returned for further investigation, Valova said. In the case of the suspected embezzling of assets from the Technology Leasing company Krejcir and another five people face the charges of loan fraud committed in criminal conspiracy, for which they face up to 12 years in prison. According to the prosecution, Krejcir and another five people siphoned assets from the company at the end of 2003 through a loan South African mob kills migrants ...
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The damage they caused is estimated at about 150 million crowns. Krejcir, whom Czech authorities prosecute on suspicion of property and violent crimes, has been in South Africa since April 2007, where he arrived from the Seychelles using a false passport. He fled to the Seychelles, of which he is a citizen, from the Czech Republic in mid-2005. This February a court in Johannesburg decided that Krejcir should not be extradited to the Czech Republic for prosecution. The verdict has not taken effect as yet. ($1=16.116 Czech crowns)
(Ceske Noviny)
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