TAG: Fraud
EU anti-fraud office probes €200M loan to Budapest Airport
BRUSSELS — The EU’s anti-fraud office OLAF is investigating allegations of "serious misconduct" by staff at the European Investment Bank over a €200 million loan granted to Budapest Airport in 2018, according to an internal document about the probe seen b...
6 months ago
€500B remains unspent from EU’s Covid recovery fund
BRUSSELS — Governments have received less than a third of the EU's original €723 billion pot to help boost post-Covid economic recovery and are now heaping pressure on the European Commission to speed up payments.Countries are demanding the Commission sla...
6 months ago
Fraud-busters swoop on Greek contracts involving €2.5B of EU recovery funds
ATHENS — Authorities are investigating allegations of fraud linked to the way €2.5 billion in EU funds has been awarded to just 10 companies in Greece, POLITICO can reveal. The offices of the country’s three telecommunications firms — Cosmote, Vodafone an...
6 months ago
Greek opposition seizes on EU funds fraud allegations
ATHENS ― Rival politicians in Greece are demanding answers over fraud accusations linked to the way €2.5 billion in EU funds was awarded to just 10 companies.Opposition parties claim the country's center-right government, led by Prime Minister Kyriakos Mi...
5 months ago
Maltese central bank governor, deputy PM face charges in snowballing corruption case
Malta's political elite is facing a reckoning as a long-running investigation into alleged corruption under former Prime Minister Joseph Muscat comes to a head.Central Bank of Malta Governor Edward Scicluna and Deputy Prime Minister Chris Fearne, who both...
4 months ago
Maltese central bank chief defies calls to resign amid sprawling corruption case
Maltese central bank chief Edward Scicluna pushed back against growing calls to resign after a court ruled Wednesday that he will have to stand trial in connection with a 2015 deal that has implicated swathes of the island nation’s elite.“I will abide by...
2 months ago
Labour’s top policy priorities
LONDON — Keir Starmer has arrived in Downing Street with his new Cabinet. So what are their first priorities?Big-ticket items include decarbonizing the electricity grid by 2030, building 1.5 million homes over five years, hitting long-missed health servic...
2 months ago
Bitcoin creator is Peter Todd, HBO film says
LONDON — A new HBO documentary identifies Canadian developer Peter Todd as Satoshi Nakamoto, the pseudonymous founder of cryptocurrency bitcoin.Cullen Hoback, the award-winning filmmaker behind the documentary, comes to the conclusion by stitching togethe...
1 week ago