EU FRAUD CASE NUMBERS STABLE IN 2021 COMPARED TO 2020, BUT FINANCIAL COSTS LEAP TO EUR1.82 BILLION
September 30th, 2022
Case numbers for both fraud and non-fraudulent irregularities against the European Union (EU) budget detected by EU and member state authorities remained stable in 2021 compared to 2020, but the amounts involved more than doubled to EUR3.24 billion (USD3.17 billion) from EUR1.46 billion (USD1.43 billion). This is according to the latest report (1) from the bloc’s anti-fraud office OLAF. Its ‘2021 Annual Report on the protection of the EU’s financial interests' shows EU and national authorities reported 11,218 fraud and irregularities in total in 2021, of ...
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