Billionaire Czech PM faces more legal trouble over use of EU funds
03 Dec 2018

Billionaire Czech Prime Minister Andrej Babis faced renewed pressure over his business dealings on Saturday after an EU legal document said he has a conflict of interest due to links to agribusiness companies that received European funds.

The document, which was seen by Reuters, could stir up political turmoil in the Central European country, where massive protests took place on Nov. 23 after the minority government survived a no-confidence vote over an alleged fraud involving EU funds.

Babis, who before becoming premier in Dec. 2017 served as finance minister since 2014, denied any wrongdoing on Saturday following media reports about the confidential document, which is meant to inform decisions by the European Commission.

– By Francesco Guarascio, Robert Muller, Reuters, 1 December 2018.

Link to Reuters.

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