Fugitive businessman Tomáš Pitr sentenced to 6 years in absentia

The Prague City Court on Friday handed fugitive Czech businessman Tomáš Pitr a six-year sentence for fraud, delivered in absentia. Pitr was found guilty of financial machinations and mismanagement of property that caused damage exceeding 700 million crowns to a number of state-controlled companies. Another man, a former associate of Tomáš Pitr, was also convicted in connection with these crimes.