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EU launches joint public prosecutor to handle misuse of its funds

The European Union launched on Tuesday a unique supranational public prosecution office in charge of criminal investigations and prosecutions against the Union’s budget. The long-awaited move comes in time to watch over a nearly two billion euro financial package aimed at helping rebuild a post-COVID-19 Europe.

EU launches joint public prosecutor to handle misuse of its funds
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“Our target is economic and financial criminality. Make no mistake, this is the most common threat to any democratic society,” the new head of the European Public Prosecutor’s Office (EPPO), Romanian prosecutor Laura Kövesi, said at a press conference in Luxembourg, where the EPPO is based.

Read more at Riskscreen

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