Head of the Slovak Deaflympic Committee, Jaromir Ruda, who was arrested at the Hungarian border on Saturday evening, has been charged by the Anti-Corruption Office for fraud involving EUR 11 million. He could face up to 15 years in prison for his fraudulent actions.
Ruda is accused of having borrowed ten million euro from at least four companies through co-operation agreements to help prepare the 17th Winter Deaflympic Games, Slovakia, which had to be cancelled a week before the start. He presented them with a false bank guarantee from the Bank of Columbia.
Ruda also managed to extract over EUR 1 million from the International Committee of Sports for the Deaf (ICSD) using false documentation, by getting its members to send money for accommodation and other services directly to the Slovak Deaflympics Committee instead of dealing directly with the facilities.
Ruda did not use any of the money for the planned purpose and the police are now investigating what actually happened to it all. Ruda will remain in custody until his trial.
Ruda has a long past of generating a trail of debts behind him, and is facing an earlier lawsuit on embezzlement of EUR 1.7 million also in connection with the games. He has managed to avoid the charges for 2 years already by not showing up in court several times.