Lower house overturns presidential veto of conflict of interest law

The lower house on Thursday overturned President Zeman’s veto of a conflict of interests bill designed to reign in potential conflicts of interests among public officials. The bill would ban ministers from media ownership and would bar companies where ministers have more than a 25-percent stake from receiving state subsidies, taking part in public tenders and accessing investment aid. The legislation is widely seen as targeting finance minister and ANO leader Andrej Babiš, whose many business and media interests have long come under fire from opponents and anti-corruption activists.