Former Czech prime minister and dollar billionaire Andrej Babis has been charged with the EU subsidy fraud in the amount of 50 million kronor (about $2.2 million), along with his former business associate Jana Mayerova, who was charged with aiding and abetting the crime, a spokesman for the Pragues prosecutor general office said on Monday
Police Want Czech PM Indicted For EU Subsidy Fraud
05/31/21 AT 9:44 AM
Czech prosecutors said Monday that they are mulling charges against Prime Minister Andrej Babis after police urged them to indict the billionaire over alleged EU subsidy fraud.
Police suspect Babis of having temporarily transferred the Stork Nest farm near Prague out of his sprawling Agrofert food, chemicals and media holding in 2007 to make it eligible for an EU subsidy for small companies.
The 66-year-old Slovak-born politician, who is the fifth wealthiest Czech according to Forbes magazine, has denied any wrongdoing. Documentation on the case labelled by the media as The Stork Nest Case was submitted to the supervising state prosecutor today together with an indictment proposal by the police, the Prague prosecutor s office said in a statement.