Andrej Babiš

Article

October 25, 2021

Andrej Babiš (Bratislava, September 2, 1954 -) is a Czech businessman and politician of Slovak descent, Prime Minister of the Czech Republic since 13 December 2017. Babiš is the second richest man in the Czech Republic. He is the sole owner of the Agrofert Group, of which he was previously CEO. According to Forbes magazine, its net worth in 2016 was about $ 2.6 billion.

In politics

In the Sobotka government

Between January 2014 and May 2017, he was the Czech Minister of Finance and Deputy Prime Minister for the Economy in the Czech governing coalition led by the Social Democratic Party, the Sobotka government. On May 24, Prime Minister Bohuslav Sobotka dismissed him from his government positions, citing financial irregularities. But Babiš’s party, the UN, remained in the coalition in 2011 and also had a good chance, according to polls, in the parliamentary elections scheduled for October 20-21, 2017. The UN was founded in 2011 by Babis as a movement against the reigning political elite. Babiš has been a member of parliament in Prague since 2013. His removal from the government came after months of a coalition crisis that began with Babiš being accused: in 2012, as CEO of Agrofert, he avoided paying taxes. Nevertheless, he remained one of the most popular Czech politicians. The October 2017 election was won by Babiš’s party, but it could only form a minority government.

Work of the Minister of Finance

During his time at the Treasury, several of his measures sparked serious controversy, such as electronic sales registration (EET) and proposals for the introduction of a reverse charge and a VAT return for companies. He has also been criticized for being tough on small and medium-sized businesses and sole proprietors, but forgiving towards large companies, and for helping Agrofert, which he owns. His supporters cite an increase in state budget tax revenues.

Investigation against

Since December 2015, the Czech police and the European Anti-Fraud Office (OLAF) have also been investigating Babiš on suspicion that a company it controls has illegally received agricultural subsidies from the European Union. On August 17, 2017, he asked the House of Representatives to waive the police immunity. On October 9, he announced that he had been formally charged with fraud.

Head of Government

His minority government was appointed on December 13, 2017 by Head of State Miloš Zeman. Barely a month later, on January 16, 2018, the government failed in the first parliamentary vote of confidence. The next day, the government resigned, but remained in power as executive. On January 16, 2018, prior to a vote of confidence against his government, he asked parliament to waive his immunity.

Notes

Translation

This article is based in part or in whole on a translation of this version of the English Wikipedia article Andrej Babiš. The editors of the original article are listed in its page history. This indication merely indicates the origin of the wording and does not serve as a source for the information contained in the article.

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