Billionaire Czech Leader Dismisses Pandora Papers Report as Election Ambush
- Premier Babis holds wide lead in polls before Oct. 8-9 ballot
- Rivals say Babis must prove origin of money in offshore deal
This article is for subscribers only.
Czech billionaire Prime Minister Andrej Babis dismissed attacks from his political rivals over offshore transactions revealed in the Pandora Papers, saying the report about personal transactions was aimed at undermining his front-running position before this week’s national elections.
The unprecedented leak of financial records published by the International Consortium of Investigative Journalists showed Babis moved $22 million through offshore companies to buy a property on the French Riviera in 2009, two years before he entered politics by creating his party.