Diag Human withdraws request for seizure of Czech assets in US

The company Diag Human has withdrawn a request for the freezing of Czech assets in the United States, the Health Ministry has reported. The company has long led a multi-billion crown case against the Czech Republic, which it claims thwarted its blood plasma business in the 1990s. The Health Ministry said Friday that Diag Human´s seizure proposal had failed and that the proceedings in the USA were thus over. According to a deputy minister, the company is in a poor position in the United States, among other things because its board director faces suspicions of financial fraud in the country. Legal proceedings continue in five other countries. The Health Ministry spent 15 million crowns on the disputes in the past year.