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Czech Republic's Sazka's vice chairman out at shareholder's request
By Caroline Salls
Pittsburgh, May 13 - Sazka AS director Roman Jecminek was removed from the board at a general meeting, according to a company news release.
Sazka said its majority shareholder, the Czech Sports Association, asked that vice chairman Jecminek be removed from the board because he damaged the company's reputation by placing it in bankruptcy.
The shareholder said the bankruptcy placement has negatively affected Sazka's economic results.
In addition, the association said it feels very damaged by the public statements and acts that Jecminek recently presented.
Sazka is a Czech Republic lottery company.
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