Andrej Babiš


October 28, 2021

Andrej Babiš (Czech pronunciation: [ˈandrɛj babɪʃ]; born 2 November 1954) is a Slovak businessman and politician from the Czech Republic. He was the founder and leader of the 2011 ANO party and was the Prime Minister of the Czech Republic after his party won the most seats in the October 2017 legislative elections. Babiš was born in Bratislava, now part of Slovakia, to a Slovak family. He served as Minister of Finance of the Czech Republic and Deputy Prime Minister in charge of the economy from January 2014 to May 2017 after being sacked by Prime Minister Bohuslav Sobotka on suspicion of financial irregularities. Babiš has led ANO 2011 since its founding in 2012 as a protest movement against the political system in the Czech Republic. He has been a member of parliament since 2013. Babiš is the second richest person in the Czech Republic. He was formerly the CEO and sole owner of the Agrofert group and has an estimated net worth of around $4.04 billion, according to Bloomberg. Andrej Babiš was sacked by Prime Minister Bohuslav Sobotka on 24 May 2017 after a month-long political crisis over allegations that Babiš avoided paying taxes as CEO of Agrofert in 2012. Despite this, Babiš was one of the most popular politicians in the Czech Republic. The Minister of Finance, Babiš introduced controversial policies such as sales requiring electronic registration, proposed abolishing changes to the value added tax, and a statement of VAT controls for companies. He has been criticized for tightening regulations on small and medium-sized businesses and sole proprietorships while turning a blind eye to large corporations and his own company, Agrofert. After the 2017 legislative elections that resulted in a hanging parliament with no possibility of a coalition, Babiš formed a minority government composed of lawmakers who come from ANO and independent MPs. He is the oldest and richest person to ever serve as Prime Minister of the Czech Republic, and also the first Prime Minister in the history of the Czech Republic who is not from ODS or SSD. Babiš has been under investigation by Czech Police and OLAF since December 2015 over allegations that an anonymous company he controls illegally received subsidies from the European Union. In September 2017, Babiš's parliamentary immunity was lifted following a police request regarding the case and Babiš was formally tried on 9 October 2017.


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