Articles for tag: Agrofert, Andrej Babiš

Matt Atlas

Andrej Babis Agrofert

Agrofert Illegally Farming Land After Owners Died

Andrej Babis’ Agrofert illegally assumed control of farmland after the legal owners died. While the land sat unclaimed by heirs of the deceased, Agrofert farmed it and received subsidies for managing it.   Government officials confirmed that two Agrofert subsidiaries are under investigation. The two companies in question are ZAS Podchotucí and First Agricultural Záhornice. ...

Matt Atlas

Andrej Babis and MIlos Zeman at Capi Hnzido

Police Suspect Stork’s Nest Farm And Hotel Of Tax Evasion

Although information on possible tax evasion has been available to the police for at least a year, this year the case has moved significantly. First, the police began to investigate the case on the basis of a criminal complaint last December. Now, according to the findings, Neovlivní.cz has assessed the suspicion as serious.   “Police have commenced ...

Matt Atlas

Payback Time: Transparency International

A medieval Czech legend has it that King Wenceslas will return from the dead with a group of knights to save the Czech people in their darkest hour. Luckily, that wasn’t necessary this week: instead, citizens took it upon themselves to stand up for change when more than 120 thousand of them gathered on the square named ...

andrej babis agrofert

Ag Ministry Terminates Subsidy Payments To Babis’s Agrofert

Babis’s former businesses will not get agricultural subsidies until a European Union investigation of his possible conflicts of interest is completed, authorities said on Thursday.   Babis is under pressure from swelling protests demanding he resign because of his business ties and an ongoing criminal case.   The step to suspend agriculture-related development subsidies – ...

Andrej Babis Agrofert

European Commissioner Targets Babis Over Conflict Of Interest

The Czech prime minister’s possible conflict of interest regarding EU subsidies to the holding Agrofert is an absolute priority for the European Commission in view of EU budget protection, European Commissioner Gunther Oettinger said on Wednesday.   The European Commission has conducted an extensive audit at Czech ministries regarding the subsidies for Agrofert amounting to ...

agrofert andrej babis

Subsidies Linked To Babis Conflict Of Interest: Pirates

Prague, Sept 14 (CTK) – The state has signed three deals on granting subsidies worth 6.5 million crowns to firms that are part of Agrofert, a holding built by current PM Andrej Babis, and also to firms of Agriculture Minister Miroslav Toman’s father, which may be at odds with the EU rules, the Pirates have ...

ČTK

Babis’ Wife Departs Capi Hnizdo Board

Prague, Sept 10 (CTK) – Prime Minister Andrej Babis’s wife Monika Babisova has given up her post in the board of the firm Imoba which owns the Capi hnizdo conference centre and farm, due to which he is facing charges of an EU subsidy fraud, the daily E15 writes today.   The Farma Capi hnizdo ...

ČTK

agrofert andrej babis

Agrofert Dismisses German MP’s Criticism

Prague/Berlin, Aug 24 (CTK) – Czech group Agrofert has dismissed today’s statement of German Social Democrat (SPD) MP Rudiger Erben that Agrofert failed to keep its promise to offer employees of new bakeries in Saxony-Anhalt the same conditions as to employees who are being laid off from the Lieken bakery group.   In an interview ...