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Czech police detains Indian for large tax evasion - press


The Indian businessman is facing tax evasion and related charges, for which he can be sentenced up to twelve years in prison, Pravo writes.

The court has agreed with his being placed into custody, it adds.

The man, aged 44, was detained by the police at the airport when he was about to leave the Czech Republic.

“We had the information that he wanted to leave the country for good,” a police source told Pravo.

The Indian man had a luxurious Indian restaurant and nightclub in Prague’s centre, the paper said.

Skrepek said the man was earning tens of million of crowns there annually from 2002 to 2006, but he told the tax office he had run his business at a loss.

“With his dealings, the foreigner had caused a damage worth almost 46.5 million crowns to the Czech Republic,” Skrepek said.

In home searches, the police found much evidence and over 600,000 crowns with him, he added.

“The man’s land and house near Prague as well as some land near Domazlice, West Bohemia, which belongs to his firm, have been sequestrated,” Skrepek said.



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