EU COULD SANCTION COUNTRIES THAT OLAF SAYS MISSPEND FUNDS
August 1st, 2019
THE EUROPEAN Union (EU) could introduce a warning and sanctioning system for member states that misspend EU funds, according to a leaked paper mapping out plans for the incoming executive European Commission due to take office November 1. Both the EU’s anti-fraud office OLAF and the future European Public Prosecutor’s Office (EPPO) would be key to identifying deficiencies, alongside reports from the European Court of Auditors (the EU financial watchdog), national audit bodies, police agency Europol and judicial agency Eurojust, plus what the paper calls ...
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