Czech PM faces further inquiry over EU money

The top Czech state attorney ruled on Wednesday that PM Andrej Babis will be further investigated for fraud in receiving EU subsidies, reversing an earlier decision to drop the case, news wires reported.

Babis, a billionaire businessman, had been investigated on suspicion of illegally tapping €2m in subsidies to build a conference centre outside Prague. He has repeatedly denied any wrongdoing and rejected new calls to resign after a European Commission audit determined the country may have to give back the subsidies for Agrofert, a business empire which Babis started in the 1990s and later placed in trust funds in 2017 before becoming premier. The EC had sent the audit results to the Czech authorities a week ago, without revealing the contents, as the audit procedure was ongoing. According to Czech news outlets, the audit showed Babis had not sufficiently separated himself from the group. The premier firmly rejects the idea that the Czech Republic would have to return money because of his former company.

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