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Former Czech PM Babis stands trial accused of EU subsidy fraud | European Union Information


Prosecutors allege that Babis illegally tapped the EU subsidy to construct a convention centre close to Prague.

Former Czech Prime Minister Andrej Babis has gone on trial over fraud accusations related to a two million euro ($2m) European Union subsidy that has marred his political profession for the previous 5 years.

Prosecutors allege that Babis, proprietor of a chemical compounds, farming, meals and media empire, now held in a belief, illegally tapped the subsidy to construct a convention centre close to Prague earlier than he shaped his anti-establishment ANO get together in 2011.

Babis has denied any wrongdoing and has repeatedly stated the case towards him is political.

“I’m glad all will see this, my arguments towards this unfaithful cost,” Babis stated as he entered the court docket constructing on Monday, in accordance with Czech Tv footage. “It was after all politically motivated legal investigation.”

Potential presidential hopeful

Babis, 68, is a possible presidential hopeful in an election early subsequent yr and nonetheless heads parliament’s greatest get together despite the fact that he sits in opposition after 5 events mixed in an election final yr to take away him from authorities.

Babis could face a jail time period if discovered responsible, though prosecutors requested for a suspended sentence and a positive. The trial is predicted to final into a minimum of mid-October, and any verdict is topic to appeals.

The allegation towards Babis, the nation’s fifth-richest particular person on Forbes 2021 listing, says he had hidden the possession of the convention centre and resort so it might qualify for EU funding meant just for small companies.

Battle of curiosity

Other than the legal fees, Babis was additionally individually discovered to be in battle of curiosity by the European Fee as his Agrofert enterprise group, which employs greater than 30,000 individuals and is among the many greatest within the nation – tapped giant improvement subsidies whereas he was in energy. He had denied any wrongdoing.

The Czech authorities withdrew a number of the subsidies because the Fee stated it might not reimburse them.

The opening of the trial comes forward of a presidential election due in early 2023, the place Babis is predicted to be a robust candidate, though he has not declared but that he’ll run.

The workplace would defend him from prosecution throughout the five-year time period.

Babis served as prime minister from 2017 to 2021 and as finance minister from 2014 to 2017.

Babis has additionally been investigated by French prosecutors over the acquisition of property in France by way of offshore corporations, in accordance with the Le Monde newspaper. He has denied wrongdoing in that buy.




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