EU FRAUD REPORT
May 1st, 2001
BY KEITH NUTHALLFRAUDSTERS are still fleecing the European Union's budget of hundreds-of-millions of Euros, according to the latest European Commission fraud report. It says that Member States last year alerted Brussels to 2,400 new cases of fraud or irregularity affecting revenue collection, involving Euro 535 million, (of mostly import duties), and 4,200 cases regarding spending programmes, involving Euro 600 million. Meanwhile, the EU's anti-fraud agency OLAF investigated 328 cases, representing Euro 600 million of revenue and Euro 300 million of ...
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