Czech PM Babis: I'm Shocked by What is Happening in Bulgaria

Czech Prime Minister Andrej Babis today strongly criticized the sale of CEZ's business in Bulgaria.

The leadership of the energy company must explain to the Supervisory Board the sale of Bulgarian assets to Inercom, the Czech Prime Minister, who has resigned since January 17, after failing to get a vote of confidence from parliament, told Lidove News .

Babis added that CEZ's leadership, in which the Czech state has 70% majority shareholding, has been criticized for its actions in the Balkans since the company's latest operations. According to the prime minister, the energy company's deals were unfavorable, opaque and just strange.

"I am shocked by what is happening in Bulgaria. In addition, Prime Minister Boyko Borisov said that the whole thing is being investigated by different authorities. I do not understand the current situation at all. CEZ CEO Daniel Benes has to explain to the Supervisory Board what's going on, "said Babis.

Today, the Czech prime minister held a telephone conversation with Bulgarian counterpart Boyko Borisov on the sale of Bulgarian assets of CEZ. According to the press center of the Bulgarian government, Borisov has indicated that they are part of Bulgaria's national security system. He has asked the competent Bulgarian authorities for information to be provided by the Czech government on the deal. Babis has assured him that he is informed by the Supervisory Board of the company that the sale is completely legal and does not pose a risk to any of the parties.

In front of Lidove novini, the Czech Prime Minister stressed that CEZ is not a fully state-owned company and indicated that the management of the company in the past repeatedly did not comply with the position of the authorities in the Czech Republic....