OLAF REPORT HIGHLIGHTS NEW EU FRAUD SCAMS
July 1st, 2006
BY KEITH NUTHALL
THE LATEST annual report from European Union (EU) anti-fraud unit OLAF has revealed how an accounts department staff member of a European Commission delegation to Africa diverted Euro 300,000 of EU money to his own bank account. The official, who had been recruited locally, "systematically falsified the signatures of duly authorised delegation staff on several cheques, payment orders and other accounting documents," noted OLAF, which has kept the country of operation under wraps. The scam was detected by "a sample control of the ...
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