Finance Minister Babiš to be sacked on Wednesday

President Miloš Zeman is set to dismiss Finance Minister Andrej Babiš from his post on Wednesday, the president’s spokesman Jiří Ovčáček announced at a press conference on Tuesday. Babiš will be replaced by Ivan Pilný, the head of the lower house’s economic committee.

Prime Minister Bohuslav Sobotka had proposed the dismissal of ANO party leader and billionaire businessman Andrej Babiš to the president over continuing corruption allegations and unexplained financial dealings. Mr Babiš has persistently denied any wrongdoing.