OLAF NETS EU EURO 30 MILLION FROM CHINA ORIGIN SCAM, SAYS REPORT
July 1st, 2010
BY KEITH NUTHALL
THE LATEST annual report from European Union (EU) anti-fraud agency OLAF has shown how its investigators recouped Euro EUR30 million from a Chinese clothes rules of origin export scam. An OLAF probe of Bangladesh clothing origin certificates issued since 2005 showed "hundreds of thousands" were false - and in fact cargoes had come from China. "The scale of the problem was much larger than thought, involving hundreds of importers across most EU member states," said OLAF. The fraud was to help exporters evade EU import controls ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.