Agrofert firms named in EC audit got CZK 155mn from Czech state

The Czech state paid about CZK 155 million to projects criticized in the European Commission’s final audit that found Prime Minister Andrej Babiš in a conflict of interest, reports.

The money went to firms in the Agrofert conglomerate he founded and still influences, according to the EC, although Babiš placed it into two trust funds in 2017. An Agrofert spokesperson said the holding did not have to pay anything back.

Author: Brian Kenety