EU FUNDS FRAUD CO-OPERATION MOVES CLOSER

BY ROBERT STOKES A LONGSTANDING wrangle over whether and how European Union (EU) member states should have to share with the EU anti-fraud office (OLAF) details of frauds involving EU funds has been resolved. Just such an obligation is set to be included in a revised Regulation (EC) No 1073/99 (PART 3) after agreement was reached by the European Parliament, the European Commission and the EU Council of Ministers. It has now been approved (on October 8) by the parliament's Committee on Budgetary Control. A committee notes said better information exchange between ...


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