NEW DELHI: PM Andrej Babis’ centrist party on Saturday narrowly lost the Czech Republic’s parliamentary election, a surprise development that could mean the end of the populist billionaire’s reign in power.
The two-day election to fill 200 seats in the lower house of the Czech Republic’s parliament took place shortly after the International Consortium of Investigative Journalists reported details of Babis’ overseas financial dealings in a project dubbed the Pandora Papers.
Babis, 67, has denied wrongdoing. With almost all the the votes counted, the Czech Statistics Office said Together, a liberal-conservative three-party coalition, captured 27.8% of the vote, beating Babis’ ANO (Yes) party, which won 27.1%. Together has pledged to form a new government with allies. “The results are clear, the democratic opposition won a clear majority,” said Petr Fiala, Together’s leader and its candidate for PM.