All those charged in money laundering case at Prague public transport firm are released from custody

A court in Prague on Saturday ordered the release of three people charged in a money laundering case linked to Prague public transport company. Another two men who face the same charges were released on Friday, including controversial businessman and lobbyist Ivo Rittig. The men were placed in police custody earlier this week as prosecution feared they could flee the country to avoid trial; however, the court decided in favour of those detained. Ivo Ritting and his associates allegedly siphoned money from the public transport company in Prague; if convicted, they would face up to eight years in jail.

Author: Jan Richter