published: 12.10.2013, 20:27 | updated: 12.10.2013 20:44:02
Prague - Antonin Kolacek, former co-owner of the Czech MUS coal-mining company, whom a Swiss court sent to prison for fraud along with another four MUS managers on Thursday, will not avoid the prison sentence, he told public Czech Radio (CRo) today.
Kolacek, who was sentenced to four years and four months in prison and a fine, has returned to the Czech Republic. He pleads not guilty.
"I will definitely not avoid prison. I am prepared for it. I do not have to live in any special conditions. Only the really essential human needs suffice for my life," he told the radio.
He said he would not care whether he would serve his sentence in the Czech Republic or in Switzerland.
However, he still believes that he will succeed with the appeal and will not have to go to prison, he added.
The Swiss court in Bellinzona convicted five Czech MUS managers, Jiri Divis, Kolacek, Marek Cmejla, Petr Kraus and Oldrich Klimecky, of fraud and money laundering in connection with the "wild" privatisation of MUS and sent them to prison from one year and four months to four years and four months on Thursday.
The managers deny the charges. They can appeal the verdict within 30 days.
According to the indictment, the defendants transferred over three billion crowns out of the MUS firm for the purchase of its shares. They acquired underpriced shares from the Czech Republic, causing the damage of over 1.6 billion crowns to the state.
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