Britain owes EU 2 billion euros: Probe


Mar 9, 2017-

Britain owes the European Union budget two billion euros after turning a blind eye to a major scam by Chinese importers, the EU’s fraud office said on Wednesday. “We recommended that the European Commission recovers the money from the United Kingdom,” the EU’s anti-fraud office OLAF said in an email to AFP, confirming a report by Politico. OLAF accuses Britain of ignoring rampant use of fake invoices and customs claims by Chinese importers which cost 1.99 billion euros ($2.1 billion) in lost customs duties to the EU. The claim comes at a sensitive time in EU-Britain relations, just before London is to embark on Brexit negotiations in which the UK’s exit bill—estimated at 60 billion euros—has already sparked sharp exchanges. The UK government said it rejected the report and insisted Britain was tough on fraud.

Published: 09-03-2017 09:58

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