Czech Iranian businessman pays 150 million crowns in bail

Iranian businessman with Czech citizenship Shahram Abdullah Zadeh, who is in custody on suspicion of massive tax fraud, has paid a 150 million crown bail to the Regional Court in Brno, one of his defence lawyers told the Czech News Agency on Thursday. It is the largest bail ever paid in the Czech Republic. Mr Zadeh is suspected of being the chief organizer of a 2.5 billion crown scam linked to the import of fuels. It is not yet clear when he will be released from custody, where he spent the last 22 months.

Author: Ruth Fraňková