OLAF WARNS OF SERBIA DOUBLE-INVOICE SCAM
July 1st, 2007
BY KEITH NUTHALL
A COMPANY involved in a European Union (EU)-funded overhaul of a power station in Serbia could face criminal charges over double invoicing, said the latest annual report from EU anti-fraud agency OLAF. It claimed that Euro 300,000 was wrongfully invoiced by the unnamed company in the European Agency for Reconstruction (EAR)-managed project, which has invested heavily in the lignite-fired Nikola Tesla power station, near Belgrade.
ENDS
A COMPANY involved in a European Union (EU)-funded overhaul of a power station in Serbia could face criminal charges over double invoicing, said the latest annual report from EU anti-fraud agency OLAF. It claimed that Euro 300,000 was wrongfully invoiced by the unnamed company in the European Agency for Reconstruction (EAR)-managed project, which has invested heavily in the lignite-fired Nikola Tesla power station, near Belgrade.
ENDS
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