State prosecutors: increased chance Viktor Kozeny could be tried in Czech Rep

A delegation of state prosecutors, returning from the Bahamas on Saturday, maintains that chances have increased that former financier Viktor Kozeny could face trial in Prague. The businessman - who has been remanded in custody in a Bahamian cell since October 5th last year, is also wanted by authorities in the US, for alleged corruption and money laundering in oil privatisation deals in Azerbaijan. The Czech Republic would like to see Mr Kozeny face trail here for the alleged defrauding of investors in the mid 1990s.

Author: Jan Velinger