6 May 1999: After nearly one year in prison, former actress and board chairwoman of Skloexport a.s. Regina Razlova has been set free.
“I am glad that justice prevailed,” said Razlova“s lawyer Rudol…
6 May 1999: After nearly one year in prison, former actress and board chairwoman of Skloexport a.s. Regina Razlova has been set free. “I am glad that justice prevailed,” said Razlova“s lawyer Rudolf Chudoba. After her release, Razlova was brought to a hotel on the outskirts of Prague by her lawyer. The former actress now wants to take care of her physical and mental health. She declined to comment on charges against her for stripping Skloexport of its assets. Meanwhile, the police have arrested the former financial director of Skloexport Karel Bartosek, adding that Bartosek is apparently being held in a jail in Litomerice, although neither the police nor the jail has confirmed this. Until this arrest, seven people had been previously charged in the case of Skloexport. All are accused of stripping Skloexport of its assets. Aside from Razlova, her son Lukas, daughter Adela and her father, as well as former communist Prime Minister Stanislav Razl, have also been charged. Skloexport“s general director Miroslav Krejsa, statutory representative Petr Svec and Milos Tuma also face charges. Curiously, Skloexport, which just two years ago was the largest Czech exporter of glass, and which currently has no CEO, was being managed by Razlova from prison through a law office, according to Skloexport“s financial manager Tomas Malek. In 1997, Skloexport recorded sales of Kcs 1.69 billion and last year exported glass worth Kcs 300 million. The company was not selling at its own account, but rather through mediators. Revenues therefore reached only Kcs 30-40 million. The company earned approximately the same amount for trademarks and several tens of millions through leases and servicing. Skloexport“s results have not yet been audited. Malek said debts amount to Kcs 350 million, and Zivnobanka is the largest creditor with Kcs 260 million owed to it by Skloexport. Skloexport also owes several hundred million crowns to the Finance Ministry, but these claims are being disputed in court. Skloexport has claims of over Kcs 200 million. The company last year laid off 150 people and others have since been given notice. By 30 June, Skloexport will have only 20 workers. The company is currently being managed by a board composed of two people: Razlova and Petr Svec, a member of Skloexport Group“s board of directors.