Kozeny may be extradited to US

Viktor Kozeny, the Czech-born financier wanted for financial impropriety in both the Czech Republic and the US, may be extradited to the United States. A Bahamian judge made the ruling in final court proceedings on Friday, following a four month trial. Mr Kozeny, who holds Irish citizenship but has long lived in the Bahamas, has been in custody there since last year. The United States want to put him on trial for alleged money laundering in oil privatisation deals in Azerbaijan. But, it is not the money laundering charge but charges of corruption that were recognised by the judge to rule in favour of Mr Kozeny's extradition.

Author: Jan Velinger