Tuesday, December 5, 2023

Ex-Czech PM Babis charged to court for alleged $2 million fraud

The 68-year-old billionaire founder of the populist ANO party is a likely presidential candidate in the country’s election in 2023.

• September 12, 2022
Former Czech PM Andrej Babis
Former Czech PM Andrej Babis [Photo Credit: HLN]

Former Czech prime minister and likely presidential candidate Andrej Babis is standing trial for fraud in the “Stork’s Nest Affair”.

The 68-year-old billionaire founder of the populist ANO party on Monday appeared before the Municipal Court in Prague and claimed his prosecution was politically motivated.

Mr Babis is accused of aiding and abetting fraud. The trial could drag on for years.

He was charged over allegations that in 2008 he helped obtain EU subsidies for the Stork’s Nest wellness resort amounting to around €2 million.

At the time, Mr Babis was at the head of a large business empire, Agrofert, that spanned areas such as agriculture, food, chemicals and media.

The EU funds were intended for small and medium-sized businesses. Agrofert returned the subsidy for the resort, located some 50km south of Prague.

Mr Babis was prime minister of the Czech Republic from late 2017 to mid-December 2021.

Observers expect him to seek to succeed outgoing President Milos Zeman in the January presidential election.

His critics set up a cage outside the court, in which a man wearing a Babis mask sat.


We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Katsina State


Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Super Falcons in training


Women AFCON: Super Falcons qualify for Morocco 2024 in style

This was after they defeated hosts Cape Verde 2-1 for a 7-1 aggregate win in the final round of the qualification series.

Nigerian Navy


Reps pledge to add value to Nigerian Navy

Mr Gagdi urged the members to discharge their responsibilities as a committee in line with the Standing Rules of the 10th House of Reps.

PDP logo


PDP directs members to withdraw all intra-party litigation

Mr Ologunagba stated that the committee gave the directive after thoroughly reviewing the party’s current state.

Olayemi Cardoso


Reps issue warrant of arrest on CBN governor, others

Moving the motion, Mr Agbedi said the arrest warrant had become inevitable following the attitude of the invitees.


Tinubu returns from Dubai climate summit amid outrage over Nigerian military bombing of 126 civilians

The trip came under fire in the past days for the number of delegates, most of whom were sponsored on scarce federal resources.


Peter Mba presents N521.5 billion 2024 budget estimates to Enugu Assembly

It is with great honour and a deep sense of responsibility that I stand before you today to present our state’s 2024-2026 Multi-Year Budget before this hallowed chamber