New charges against fugitive billionaire Krejcir

The State Attorney in Ostrava has brought new charges against fugitive Czech billionaire Radovan Krejcir who stands accused of extensive fraud, the daily Pravo writes. The new charges concern illegal bank transactions made in 1997 when Mr Krejcir allegedly transferred 270 million crowns into a foreign account via a Swiss bank. Radovan Krejcir, who is suspected of extensive fraud and conspiracy to murder, fled to the Seychelles with his family in June 2005. He is being prosecuted as a fugitive.