The police have charged a former head of the state agency CzechInvest with fraud, Hospodářské noviny reported on Thursday. Miroslav Křížek is accused of having paid CZK 2.2 million to acquaintance Zdeněk Hurský for an audit that was never carried out at the agency, which is tasked with attracting foreign direct investment and helping Czech firms do business abroad. Mr. Křížek, who is now a Civic Democrat local politician, headed CzechInvest from September 2010 to August 2012 when he was dismissed in connection with a different suspicious contract. He and Mr. Hurský could face up to eight years in jail if found guilty.
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