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Europe Daily Bulletin No. 8598

4 December 2003
Contents Publication in full By article 29 / 39
GENERAL NEWS / (eu) eu/fraud
Olaf inquiries centre on 850 million euros

Brussels, 03/12/2003 (Agence Europe) - In its latest report, which was published on Tuesday, the Anti-Fraud Office (Olaf) states that the inquiries it carried out between July 2002 and June 2003 related to presumed losses of 850 million EUR. During this period, Olaf closed 805 inquiries and opened 375 new ones. This year, Olaf focussed on fraud within European institutions, for which 75 inquiries are underway. "Half of corruption allegations within the European institutions showed up...

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