The probes follow bookkeeping checks made last Spring, following calls for action from some MEPs alleging that part of the monthly payments of €10m made by the EU to the Palestinian Authority have been used to fund terrorist activities.
A temporary European parliament committee has also been investigating the allegations and is waiting for OLAF to issue its conclusions before releasing a report.
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