Johannesburg - Judge Leonie Windell said she was satisfied with Magistrate Reginald Dama's decision to deny Krejcir bail in the Palm Ridge Regional Court on December 13.
She reflected on Krejcir's previous behaviour in fleeing countries to evade trial and out of fear that he would be killed.
"[Krejcir] faces similar circumstances in South Africa. There have been at least two attempts on his life and two of his associates were killed," Windell said.
Krejcir had also expressed the opinion that he would not get a fair trial in South Africa. In addition, Krejcir did not himself own assets in South Africa and had numerous business interests in other countries.
"Being a foreign national does not, in itself, preclude the court from granting bail," she said.
There were no suitable conditions, however, that could be considered as an alternative to bail in this case.
Windell said in the past Krejcir had no difficulty obtaining false travel documents and hiding from authorities.
She said one witness in the case had received death threats and his dogs were killed.
Krejcir's lawyer Francois Roets asked that the matter be stood down until 2pm, so his team could seek leave to take the matter up with the Supreme Court of Appeal.
Krejcir, Desai Luphondo, and two members of the Hawks, Warrant Officers Samuel Modise Maropeng and George Jeff Nthoroane, were arrested in November. They face charges of kidnapping, assault, and attempted murder.
In June they allegedly kidnapped and assaulted a man whose brother, known only as Doctor, disappeared with a 25kg shipment of tik he had been recruited to help smuggle through OR Tambo International Airport. They allegedly kept the man at Krejcir's Money Point business in Bedfordview, Johannesburg, for four days, and assaulted him.
Krejcir's wife Katerina Krejcirova was present in court and left quickly after the judgment was read out. - Sapa