Zeman to shield Babis from prosecution

Czech President Milos Zeman effectively ended the threat of criminal charges against Prime Minister Andrej Babis, saying he’d use his constitutional powers to stop prosecutors from reopening a fraud case against his billionaire ally.

Babis, the second richest Czech and the country’s most popular politician, has been dogged by accusations that a company he founded misused European Union development funds. While he denies wrongdoing, the case triggered the biggest anti-government protests since the fall of the Iron Curtain and prompted a wide swath of political parties to shun cooperation.

Read the entire article, written by Lenka Ponikelska at Bloomberg