Source: Xinhua Net
Czech Prime Minister Andrei Babiš responded on the 3rd that he bought a manor in France, saying that the transaction was not illegal.
A report called "Pandora's Document" released by the "International Alliance of Investigative Journalists" on the 3rd said that political and business dignitaries in many countries used offshore companies to hide assets or buy real estate. In 2009, babish, an entrepreneur, injected $22 million into an overseas company to buy a manor house in France, the report mentions.
Babish later held public office but "failed to declare the property," the report said. In 2018, he "quietly acquired a Monaco company that owned the estate indirectly".
Babiš was interviewed by CNN on the 3rd in the Czech Republic, and said on the purchase of the manor mentioned in the report: "The money was transferred out of a Czech bank, taxed, it was my money, and it was returned to a Czech bank." ”
Asked if the deal violated Czech, French or U.S. law, Babish said: "Of course not... That's taxed money. He said there had been previous audits that proved he had enough after-tax income to complete the deal.
Babiš is the founder of Czech agricultural, food and chemical giant EGGF. He entered politics and founded a political party in 2011, becoming finance minister in 2014 and prime minister in 2017. Before becoming prime minister, he transferred his corporate assets to trust funds. Parliamentary elections are scheduled for the Czech Republic on 8-9 this month, and Babiš is helping his party run.
The International Consortium of Investigative Journalists is a Washington,D.-based organization that claims to be made up of journalists and media outlets from multiple countries around the world. (Wu Baoshu) [Xinhua News Agency Micro Feature]
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