Subsidiaries of Babiš's Agrofert ordered by court to return fraudulently acquired funds

Two subsidiaries of former Prime Minister Andrej Babiš's conglomerate holding company Agrofert have lost a court case and will have to return money they received as subsidies, the news server iRozhlas reported on Friday. The subsidies were intended for small and medium-sized enterprises, even though the companies in question were subsidiaries of a huge corporation with a turnover of billions. The Agricultural and Forestry Support and Guarantee Fund sued them in February. Disputes with other Agrofert subsidiaries are still ongoing.