Won’t resign even if indicted over EU fraud: Czech PM

Published on: 

Czech billionaire Prime Minister Andrej Babis said on Saturday he would not resign if indicted for his alleged role in a two-million-euro EU subsidy fraud.

Police this week recommended that Babis be indicted over the case  which could see him and several others, including family members,  spending five to ten years in prison.

“I would not resign because I have been saying from the beginning  that this is a political process,” Babis told the DNES broadsheet  which he owns.

The 64-year-old agro-chemicals mogul pegged by Forbes as the second-wealthiest  Czech is suspected of abusing EU funds to build the luxury Stork  Nest resort and farm near Prague in 2007.

He allegedly took the farm out of his sprawling Agrofert food, chemicals  and media holding to make it eligible for a subsidy awarded to small  companies before eventually putting it back.

Charged by police in 2017, Babis and several others — including  his wife, brother-in-law and daughter — are suspected of subsidy  fraud and harming the EU’s financial interests.

“If I weren’t in politics, nobody would have heard about the Stork  Nest,” Babis told DNES.

“People keep plotting affairs against me, delving into the past.  This affair is 12 years old,” he said, calling charges against his  family “incredible filth”.

Daily Pioneer
dailypioneer.com