Agrofert investigated by OLAF

The European Anti-Fraud Office (OLAF) has started investigating the Agrofert Group, an agro-chemical company owned by Finance Minister and ANO leader Andrej Babiš, on suspicion of fraud, the news site Neovlivni.cz reported on Tuesday. According to the website, Agrofert has used hidden lobbying in state administration to change the regulations for drawing EU subsidies in their favour. Several EU institutions received an anonymous warning concerning Agrofert’s alleged activities in this respect at the end of last year. The European Commission has confirmed OLAF’s involvement in the investigation. Meanwhile, Agrofert has rejected the accusations.