In 1999, van Buitenen’s allegations led to the end of Jacques Santer’s reign as EC president and the setting up of the anti-fraud office, Olaf, to tackle corruption. He was selected as Accountancy Age Personality of the Year at the awards dinner that year.
But, he has decided to resign after becoming bitterly disappointed by what he claimed was the inability of the new EC leadership under Romano Prodi, to clean up the system, according to reports in the Daily Telegraph.
Another factor, he said, was the harsh treatment of the commission’s chief accountant Marta Andreasen, who lost her post and was disciplined after she claimed the EU budget was ‘out of control’.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements