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Pandora Papers finds Czech Prime Minister Babiš in its crosshairs

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The International Consortium of Investigative Journalists (ICIJ), now famous for a series of investigations uncovering dodgy financial dealings has hit the headlines again, this time with nearly 12 million financial records, linked to 14 offshore service providers, and more than 90 countries and territories.

Among the dealings, Czech Prime Minister Andrej Babiš has been found to have bought a chateau on the French Riviera for $22 million through offshore companies. ICIJ’s Czech partner Investigace.cz found that neither the chateau, nor the companies involved in its ownership, appear in the register of financial interests declared by Babiš as a politician and required by Czech law.

The revelations come just one week before Czech parliamentary elections. Babiš has always positioned himself as a politician who was willing to stand up to tax evasion and increase transparency. He recently invited Hungarian Prime Minister Viktor Orban to help him on the campaign trail, like Orban he has faced accusations of personal enrichment assisted by European funding. Babiš has rejected the allegations, blaming the Czech mafia.

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