Feb 12 • 14:04 UTC 🇫🇮 Finland Yle Uutiset

FT: Raids on European Commission premises

Belgian police conducted raids on the European Commission as part of an investigation into potential irregularities in the sale of EU properties.

Belgian police have carried out raids on multiple premises of the European Commission in Brussels, as reported by the Financial Times. The police action is part of an investigation looking into possible irregularities related to the sale of EU properties during the tenure of the previous Commission. Specifically, the inquiry concerns the sale of 23 buildings to the Belgian state investment fund (SFPIM) in 2024 at a total price of €900 million.

According to the Financial Times, the investigation is being led by the European Public Prosecutor's Office (EPPO), which has confirmed it is gathering evidence for its ongoing investigation but has declined to provide further comments. The European Commission has asserted that the sale was conducted in accordance with EU regulations, indicating a commitment to transparency in the transaction amid growing scrutiny.

This development raises serious questions about oversight and accountability in the management of EU assets, particularly in light of the financial scale involved in the transaction. It may further impact the credibility of the European Commission as it seeks to navigate this investigation while maintaining public trust in its governance.

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