While the newly elected Commission President Ursula von der Leyen is still busy with recruiting members for her college, the existing EU Commission outlined future priorities in the field of anti-money laundering (AML). The ne Communication ‘Towards a better implementation of the EU’s AML/CTF framework’ gives an overview of the four reports published this week…
Despite improvements over recent years, EU Member States’ efforts to tackle fraud in cohesion spending remain too weak, according to a new report from the European Court of Auditors. Member States’ assessments of the effectiveness of their anti-fraud measures are too optimistic, say the auditors. Detection, response and coordination still need substantial strengthening to prevent,…
Czech police have finalised their investigation and proposed to the state prosecutor to charge six people including Prime Minister Andrej Babiš and his wife for their alleged roles in the Stork’s Nest scandal involving the fraud worth CZK 50 million in EU funds. The supervising state prosecutor will now study the investigation and decide on…
Mukhtar Ablyazov, has been described by the British press as “the world’s richest fraudster” . His story begins in 1963 in a modest village in the southern region of Kazakhstan, and it takes us across continents, through bedrooms and boardrooms, courtrooms and prison cells, to the lofty heights of the U.S. Presidency. This book, subtitled…
