Karel Březina acquitted of fraud

A Prague court on Friday acquitted Karel Březina, former Prague deputy mayor for the Social Democrats, of distorting data on financial management and assets while on the supervisory board of several companies. The state attorney accused Březina of withholding information about his place on the board of two companies which were in bankruptcy proceedings while joining the supervisory board of Žižkov Station Development 2009. In a statement for the company Březina said he did not hold a similar post in any company faced with bankruptcy proceedings. The court came to the conclusion that Březina´s conduct did not constitute a crime. The state attorney has appealed the verdict.

KarelBřezina was Prague deputy mayor until Thursday when the grand coalition of the Civic Democrats and Social Democrats collapsed and all Social Democrat representatives were dismissed from the City Council.