Stolen EU funds in the billions, top official says

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Series Details 18.09.13
Publication Date 18/09/2013
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The annual theft of EU funds is around €500 million, but a top European Commission official, Francoise Le Bail, said the figure was likely in the billions.

“We have reasons to believe that the real figure is closer to billions than to millions,” Francoise Le Bail, who heads the commission’s justice directorate-general, told the European Parliament's civil liberties committee on the 18 September 2013.

Source Link Link to Main Source http://euobserver.com/justice/121489
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