Agency to only rule on conflict of interest if Babiš firm seeks financial support

The Czech agency responsible for disbursing subsidies will only rule on whether Prime Minister Andrej Babiš is in conflict of interest if his Agrofert holding company applies for financial support.

At the same time, the authorities will not examine whether Mr. Babiš’s resolution of the potential conflict of interest complies with EU regulations. This is evident from the Czech Ministry of Regional Development’s response to a letter from the European Commission, which was obtained by the iROZHLAS.cz news website.

In February of this year the PM transferred all of his shares in the Agrofert holding company to the private trust RSVP Trust.