News
EU public prosecutor to investigate budget crimes
The European Union’s first public prosecutor’s office will take up its work on June 1 and begin investigating crimes linked to the EU budget, the European Commission said on Wednesday.
The office can prosecute several crimes, including fraud related to the bloc’s budget.
It can also go after criminals who launder money they received by defrauding the EU budget, for example.
How the EU is spending its money has come under increased scrutiny over the past years.
In 2019, a New York Times investigation showed how the EU budget was used in Central and Eastern Europe to finance corrupt deals.
“European prosecutors, under the strong leadership of Laura Kovesi, will clamp down on criminals and make sure no euro is wasted on corruption or fraud,’’ European Commissioner Vice President Vera Jourova said during a press conference.
The main office will be in Luxembourg, with member states sending one European prosecutor each.
-
Latest3 days agoFull List: Meet the 2026 Nobel Prize winners across six categories
-
Featured1 week ago103 Million Voters: What does INEC’s new register say about Nigeria’s population?
-
Football3 days agoPremier League Matchweek 7: Five Fixtures That Could Shape the Weekend
-
Business1 week agoThe Ministry of Commerce of Loveworld gets a $1 million boost for new investment fund at LTIF 2026 to promote Trade in Ghana
-
Features1 week agoEdo’s 2.5 million vote promise: Can the numbers match the politics?
-
Latest2 days agoUmahi defends Lagos-Calabar highway route changes amid public outcry
-
Business2 days agoDangote Refinery IPO Extension: Was the 70% subscription report overhyped?
-
Latest1 week agoNigeria to Ghana: Inside police hunt for Anambra kidnap suspect