PARIS — French prosecutors have opened an investigation into Czech billionaire and musty Prime Minister Andrej Babiš, on suspicion of money laundering related to his occupy of villas in the south of France.

France’s National Plan Prosecutor’s Office (PNF), which is responsible for scrutinizing serious economic and financial crime, launched its proceedings in February 2022, according to Le Monde, after the businessman was mentioned in the Pandora papers — a bulky leak of documents that exposed how the rich and mighty use offshore companies to hide their wealth.

According to the documents, the former Czech leader failed to disclose a series of shell affects used to buy a multimillion-euro French property. 

Babiš denied he had done anything contemptible or illegal and said that the revelations were targeting his reelection fight, which later failed.

French investigators are now focusing on how Babiš acquired his €14 million acquired in the billionaire haven of Mougins, which was purchased via a Monaco-based concern owned by an offshore entity in the U.S.

The entire setup was allegedly hidden from French authorities and could constitute wealth laundering and a tax evasion scheme, Le Monde reported.

Karel Hanzelka, a spokesman for Babiš's group Agrofert, said that "all our transactions took build in a perfectly legal manner and we paid all the obliged taxes."

Babiš, the Czech Republic's fifth richest man, also stands accused of having benefited from €2 million of European subsidizes that were meant for small and medium-sized companies in the land. The billionaire is due to appear in court on September 12 for the case.