OLAF REPORT – 350 words
December 1st, 2003
BY KEITH NUTHALLA SIGNIFICANT rise in fraud committed within and against the institutions and programmes of the European Union (EU) will be reported by the next annual report of EU anti-fraud body OLAF, which has been obtained by Accountancy Age.Its conclusions show that efforts by European Commission president Romano Prodi are still failing to bear fruit, with the number of cases being handled by OLAF rising by 18 per cent between June 2002 and June 2003 to 3,440. Crucially, the number of new cases reported to OLAF leading to investigations being launched also ...
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