Social Democrats call fugitive billionaire a "liar"

Senior officials from the ruling Social Democratic Party have called fugitive billionaire Radovan Krejcir a liar and coward for his claim that he had lent the party 60 million crowns (roughly 2.4 million US dollars) in return for a promise to help him obtain ownership of a state company. They also dared Mr Krejcir to file a libel suit in the Czech Republic. The Social Democrats have taken the view that Mr Krejcir aimed to intentionally harm their reputation, and coordinated their response. Krejcir who fled to the Seychelles in June is wanted for conspiracy to murder, extensive fraud and money forgery. Extradition efforts floundered after it became clear Mr Krejcir - and his family - had obtained citizenship in the Seychelles a few years ago.