Czech court cancels lower court ruling that acquitted former PM Babis of fraud charges

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Czech court cancels lower court ruling that acquitted former PM Babis of fraud charges
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Prague’s High Court has cancelled a lower court ruling that acquitted former Prime Minister Andrej Babis of fraud charges in a $2 million case involving European Union subsidies

Prague’s High Court cancelled a lower court ruling that acquitted former Prime Minister Andrej Babis of fraud charges in a $2 million case involving European Union subsidies.

The Babis case involved a farm known as the Stork’s Nest, which received EU subsidies after its ownership was transferred from the Babis-owned Agrofert conglomerate of around 250 companies to Babis’ family members. Later, Agrofert again took ownership of the farm.

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