Tag: Fraud

Nov 18

OCCRP Report: Billions in EU funds lost to fraud

The EU lost more than nine billion euros (US$10 billion) to fraud between 2002 and 2017, with Member States often doing little to prevent or punish those identified as suspects. Read the OCCRP article and the original report from the EU Court of Auditors.

Jun 22

State aid in Luxembourg

EU Commission finds Luxembourg gave illegal tax benefits to Engie; has to recover around €120 million. The European Commission has found that Luxembourg allowed two Engie group companies to avoid paying taxes on almost all their profits for about a decade. This is illegal under EU State aid rules because it gives Engie an undue …

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