Suspected Mayor Peta to be released from custody

The former mayor of the Moravian town of Budisov, Ladislav Peta, who is among several officials suspected of illegal drawing of money from EU funds, will be released from custody, Czech Television reported on Monday, citing the state attorney's office. The state attorney has come to the conclusion that the reasons for Mr Peta's remaining in custody no longer exist. The police suspect Mr Peta and his accomplices of overvaluing the planned Budisov chateau reconstruction and applying for EU subsidies for the project. If they drew the subsidy, they could illegally enrich themselves with some 30 million crowns altogether.