OLAF to report on rise in fraud cases

OLAF to report on rise in fraud cases

An increase in the amount of fraud and irregularities reported to European Union anti-fraud unit OLAF will be noted in the organisation's next annual report, which is about to be published, an OLAF official has told Accountancy Age.

Link: EU fraud crises deepens

This would follow a speech by EU budget commissioner Michaele Schreyer to an OLAF seminar in Bucharest, Romania, where she claimed there is now a greater willingness by EU employees to expose allegations of wrong-doing.

She welcomed any increase in fraud notifications of irregularities, saying: ‘We cannot and should not avoid reporting irregularities. A pro-active strategy calls for disclosure of detected irregularities and engaging in public debate on how to counter fraud.’

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