Slovak court rules Czech finance minister did not collaborate with communist-era secret police

By bne IntelliNews June 27, 2014

A Slovak court ruled on June 26 that Czech finance minister Andrej Babis did not collaborate with communist-era secret police, CTK news agency reported.

Babis, a Slovak-born billionaire, had been fighting allegations that he had been an informant of the communist-era secret service, something he always denied, and sued the Slovak Institute of National Memory demanding his name be erased from a list of secret police collaborators. The court said that there was no proof for the allegations and demanded Babis name to be removed from the list.

Under the Czech law, some civil servants must prove they were not members of the Communist Party, secret-police members or collaborators with the Communist regime that ruled Czechoslovakia which split into Slovakia and the Czech Republic in 1993.

The court’s ruling is welcome news for the Czech coalition government that includes Babis’ ANO movement, the Social Democrats (CSSD) and Christian Democrats. The court’s ruling gives Babis’ opponents fewer reasons to criticize him although he is still under heavy criticism for gaining too much power for being both finance minister and owner of the country’s biggest food, agriculture and chemical group Agrofert that also owns two of the leading Czech daily newspapers. Babis, the second-richest Czech with a fortune estimated at about USD 2bn by Forbes, formed anti-corruption movement ANO in 2011 which surprisingly ranked second in the October snap elections and now is the most popular Czech party according to opinion polls.

 

Related Articles

Czech CPI buys huge Central European retail portfolio

Czech real estate investor CPI Group has bought a large portfolio of Central European retail assets, local media reported on January 17. The investor, which has grown its holdings rapidly since ... more

CEZ ignores Czech finance minister and re-elects CEO

The supervisory board at Czech power group CEZ ignored pressure from the finance ministry to dump the current management, local media report. Finance Minister Andrej Babis has been accumulating ... more

Japan’s Asahi buys a huge round in Central Europe

Asahi has beaten a host of regional heavyweights in the race to buy SABMiller’s Central and Eastern European beer brands, the Japanese brewer announced on December 13. The Asian giant said it ... more

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:
  • Full access to the bne content daily news and features on the website
  • Newsletters direct to your mailbox
  • Print and digital subscription to the monthly bne magazine
  • Digital subscription to the weekly bne newspaper

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.

"No day starts for my team without IntelliNews Pro" — UBS

Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.

Dismiss