Ongoing investigations by the European Union’s (EU) anti-fraud office OLAF into financial crimes involving EU agricultural spending have discovered the swindling of an estimated €61.8m (US$81.8m), said the agency’s latest annual report.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
It noted that sugar, meat, fruit and vegetable production accounted for more than half of these 116 cases. The report includes studies of recently solved scams, such as €3.4m of export refunds being paid for the sale of beef to Turkmenistan when in reality only 30,000 tonnes of this EU meat arrived over six years.
Another cited the illegal declaration of Chinese shrimps as from the Philippines to evade anti-biotics checks.
To find out more, click here.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
