PRAGUE (AP) – The Czech president said Wednesday he was ready to swear in populist billionaire Andrej Babiš as prime minister within a week if the businessman clarifies how he plans to avoid a conflict of interest that will arise from his private dealings and his new political status.
Czech president ready to swear in Babiš as prime minister if conflict of interest is resolved
PRAGUE (AP) – The Czech president said Wednesday he was ready to swear in populist billionaire Andrej Babiš as prime minister within a week if the businessman clarifies how he plans to avoid a conflict of interest that will arise from his private dealings and his new political status.
A law, amended in 2023 and lambasted by Babiš and his supporters, tightened the country’s conflict-of-interest legislation to prevent politicians from combining wealth and power and banned the transfer of ownership to trust funds or relatives as it was possible before.
Babiš owns some 200 companies under the Agrofert conglomerate and is heavily invested in the health care sector. He also has to meet the requirements of a conflict of interest law, or else businesses would not be eligible for state and European Union subsidies.
President Petr Pavel asked Babiš last month to form a new government after his ANO (YES) movement won parliamentary election. ANO and two other small political groups, the Freedom and Direct Democracy anti-migrant party and the right-wing Motorists for Themselves, agreed to form a majority coalition government
