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Czechia’s Babiš faces accusations he didn’t fully cut ties to his agricultural empire – POLITICO

By staffFebruary 5, 20262 Mins Read
Czechia’s Babiš faces accusations he didn’t fully cut ties to his agricultural empire – POLITICO
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“This is not a spontaneous defense of democracy. It’s political theater,” he said, stressing that Agrofert is not receiving any subsidies until the trust is in effect. “You invented the conflict of interest because you’re incapable of beating me.”

Lawmakers from Babiš’s ANO party have rallied behind him, rejecting assessments of unresolved conflicts of interest. In a joint statement to POLITICO, MEPs Ondřej Knotek and Klára Dostálová said the prime minister had taken steps “well beyond what is required by Czech and European law.”

He has relinquished ownership and control of Agrofert permanently, they said, and would not benefit from the company for the rest of his life.

“If someone finds this insufficient,” they added, “it is no longer about the essence of the matter, but about an effort to constantly question it.”

Economist Petr Bartoň, a regulatory and public policy expert, noted Czech conflict-of-interest rules were never designed for politicians with business empires on the scale of Agrofert.

“The law does not aim to permanently separate politicians from their assets,” Bartoň said. “It aims to manage conflicts while they are in office.” Promises to go further, he added, may have political value but “no legal force.”

Ketrin Jochecová contributed to this report.

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