As Ministers give foreign investor green light to increase his stake… Why Czech Sphinx Daniel Kretinsky is rubbing his hands over Royal Mail

At the sporting events where they are spotted together, Daniel Kretinsky and Anna Kellnerova could easily blend into the crowd.

But the bespectacled 47-yearold lawyer and his much younger showjumper girlfriend are one of the world’s richest couples, basking in his’n’hers fortunes.

Kellnerova is one of four children of the richest man in the Czech Republic before his death last year, while Kretinsky accumulated his wealth, estimated at £4.3billion, initially through investing in power plants.

Known as the Czech Sphinx due to his poker-faced approach to investment, he has large stakes in famous British names including West Ham United and Sainsbury’s.

Now, the City is speculating that he is primed to swoop on one of our most iconic companies, International Distributions Services (IDS) better known as the five-centuries old Royal Mail – which is entangled in pay disputes with staff and is making losses of £1million a day.

IDS is due to reveal its latest half-year figures this week, on Budget Day, and they will not be pretty. The consensus among City analysts is that the Royal Mail UK letters and parcel business will make a loss of more than half a billion pounds.

Source

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