EU audit finds Czech PM Babis in conflict of interest


  • World
  • Saturday, 24 Apr 2021

FILE PHOTO: Czech Republic's Prime Minister Andrej Babis arrives for the second day of the European Union leaders summit, held to discuss the EU's long-term budget for 2021-2027, in Brussels, Belgium, February 21, 2020. Ludovic Marin/Pool via REUTERS

PRAGUE (Reuters) - Czech Prime Minister Andrej Babis breached conflict of interest rules over his control of trust funds linked to his Agrofert business empire, according to a European Commission audit, piling pressure on the billionaire ahead of fall elections.

It means all European Union subsidies awarded to the company after February 2017 -- when a local conflict of interest law came into force -- are considered irregular and should be returned, the auditors said in a final report.

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