Our lawyer and partner Jan Vych wrote a statement for the portal List of Messages to issues related to the conflict of interest of a possible future Minister of Sports.
"The Conflict of Interest Act allows a minister to own companies as long as he does not manage them and does not receive subsidies, but in the case of Boris Šťastný we can speculate about a so-called sectoral conflict of interest." The companies operate in the same sector, which the minister is supposed to regulate and manage.. Although the company is formally managed by the wife and sons, the economic benefits and interest in it remain with the entire family. The risk here is not the complete withdrawal of subsidies, but primarily the potential possibility of setting system rules, laws and subsidy programs in such a way that this particular type of business benefits from them.”
"As a member of the government (minister) may not be a member of the statutory, management, supervisory or control body of a legal entity engaged in business. "It is therefore a matter of fulfilling legal obligations in case he becomes a minister."
"Similar transfers to relatives, or the allocation of assets to trust funds, involving relatives, see Andrej Babiš and the transfer of Agrofert shares to trust funds in 2017, were in the past perceived as problematic"if the politician could continue to exercise indirect influence through close associates."
"He will not be able to credibly decide on changes in these areas without facing suspicion that he is "passing" the market to a family company that focuses on business in the areas of health prevention or sports."
Conflicts of interest are dealt with every day. We recommend that you always check your specific situation to avoid potential problems.
You can find the full article here. <a href="https://cdn.shopify.com/s/files/1/1932/8043/files/Odstoupeni_od_smlouvy_EN.pdf?v=1595420299" data-gt-href-en="https://en.notsofunnyany.com/">HERE</a>.
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