Prague state attorney halts investigation of suspected fraud by Czech PM Andrej Babis

Reading Time: 1 minute

The Prague state attorney has halted investigations against Czech Prime Minister Andrej Babis.

Babis was suspected of alleged misuse of EU subsidies in a total of 50 million Czech crowns (1.9 milion euro).

The case involves a farm that received EU subsidies after its ownership was transferred from the Babis-owned Agrofert conglomerate of some 250 companies to members of Babis’ family.

The subsidies were meant for medium-sized and small businesses and Agrofert would not have been eligible for them. Later, Agrofert again took ownership of the farm.

Babis, a billionaire populist, has denied any wrongdoing.

The prosecutors announced the decision on Friday after evaluating the police recommendation to indict Babis. Their actions can still be overturned by the prosecutor general.


%d bloggers like this: