Ivo Svoboda (politician) explained

Ivo Svoboda
Order:3rd
Minister of Finance
Term Start:22 July 1998
Term End:20 July 1999
Primeminister:Miloš Zeman
Predecessor:Ivan Pilip
Successor:Pavel Mertlík
Birth Date:6 April 1948
Birth Place:Czechoslovakia
Death Place:Czech Republic
Party:Social Democratic Party

Ivo Svoboda (6 April 1948 – 23 February 2017) was a Czech politician and economist who served as 3rd Finance Minister of the Czech Republic from 1998 to 1999 in government of Prime Minister Miloš Zeman. He became the first government minister of the Czech Republic to be imprisoned: he was handed a five-year jail term in 2005 and served three years of the sentence.

Career

Early career

Svoboda started his political career as a Deputy in the Czech National Council (from 1990 to 1992). From 1997, he was the Deputy Chairman of the Board of the company, a manufacturer of baby transport based in Mělník. From 1997 to 1999, Svoboda served as the Deputy Chairman of the Czech Social Democratic Party.

Minister of Finance

Svoboda became the Minister of Finance in July 1998 as his party won the national election, following a campaign promising voters a corruption-free government.[1] In July 1999, police announced their intention to start prosecution proceedings on criminal charges against Svoboda while he was still in the Cabinet.[2] His term as Minister of Finance came to an end less than a week later, as he was sacked by President Václav Havel.[3] Svoboda was sentenced to 5 years in prison in 2005[4] due to his involvement in tunneling of the Liberta company, becoming the first government minister following the Velvet Revolution to receive such a sentence.[5] He was released from prison in October 2008, after having served three years of his sentence.[6] [7]

Svoboda died at the age of 68 on 23 February 2017,[7] having suffered from Alzheimer's disease in the later years of his life.[8]

External links

Notes and References

  1. Web site: Czechs Cracking Down on Fraud. The New York Times. Peter S.. Green. 27 February 2001. 11 November 2014.
  2. Web site: Czech minister to be prosecuted. BBC News. 15 July 1999. 11 November 2014.
  3. Web site: Czech finance minister sacked. BBC News. 20 July 1999. 11 November 2014.
  4. Web site: Exministr Ivo Svoboda půjde na pět let do vězení. Štráfeldová. Milena . 2 February 2005. Czech Radio. Czech. 11 November 2014.
  5. Web site: Snopková po návratu z vězení žaluje stát o miliardu za Libertu. Czech. Mladá fronta DNES. Čeněk. Třeček. 15 April 2009. 11 November 2014.
  6. Web site: Former finance minister freed from jail. Willoughby. Ian. 23 October 2008. Czech Radio. 11 November 2014.
  7. Web site: Zemřel exministr financí Svoboda. Prošel vězením za vytunelování Liberty. Pavla. Kubištová. 2017-03-01. iDNES.cz. 2018-10-10.
  8. Web site: Zemřel Ivo Svoboda, jediný ministr, který skončil za mřížemi. Bylo mu 68 let. cs. lidovky.cz. March 2017. 7 March 2024.