Slobodan Milosevic

Serbian tycoon gets 5 years in prison for tax evasion

A Serbian court sentenced one of the richest businessmen in the Balkans to five years in prison for tax evasion Monday in a trial that the government sees as a major effort to curb corruption as it seeks European Union membership.

Miroslav Miskovic, who was also fined 65,000 euros, was once among the most influential people in Serbia, with close political ties. He was found guilty by the anti-graft court for helping his son Marko evade paying some 3 million euros ($3.4 million) in taxes linked to his road construction business.

Marko Miskovic has already been sentenced to 3½ years for the same offense.

Miskovic, 70, created a business empire under the rule of...