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Amnestied Czech businessman to pay huge damages

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Prague, Dec 11 (CTK) – Businessman Zdenek Mezera will have to pay 633 million crowns as the damages to Komercni banka (KB bank) within the fraud case of former Czech Football Association (CMFS) head Frantisek Chvalovsky, but he will not be punished as he was amnestied, the Municipal Court in Prague has ruled.

However, as Mezera instantly appealed the ruling, the case will be dealt with by the high court.

Chvalovsky and another four persons were charged with inflicting a damage of 1.5 billion crowns on KB bank in the late 1990s in connection with the loans they took out from it.

The prosecution was halted by an amnesty, but Mezera has insisted on dealing with the case.

“Mezera was recognised guilty in the whole extent of the indictment and a verdict from 2011,” judge Kamil Kydalka said.

Mezera committed a number of credit frauds and presented grossly distorted data in the negotiations with KB, he added.

Mezera still denies any wrongdoing.

The alleged frauds occurred in 1998 and 1999.

The Prague Municipal Court sentenced Chvalovsky to ten years and Mezera to seven years in prison in 2011, but the appeals court cancelled the verdict in 2012 and returned the case for reappraisal.

Kydalka then turned to the Constitutional Court as he was of the view that former president Vaclav Klaus’s amnesty from January 2013 that stopped the criminal prosecuting lasting over eight years was anti-constitutional.

As the court turned down his complaint, Kydalka had to stop the prosecution of all the five defendants.

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