Feb 12 • 14:55 UTC 🇱🇹 Lithuania Lrytas

EU building in Brussels - Belgian police raid

The European Commission confirmed awareness of an investigation regarding the sale of 23 of its buildings worth approximately €900 million, following police raids in Brussels.

In Brussels, the European Commission (EC) confirmed its knowledge of an ongoing investigation relating to the sale of 23 of its buildings for about €900 million. The EC emphasized that it believes the process was conducted in compliance with all necessary regulations. This transaction took place as the EC aimed to downsize its office space by a quarter, largely prompted by a shift to remote working since the COVID-19 pandemic began.

Early Thursday morning, Belgian police conducted raids at the EC's premises in connection with the investigation. The raids were initially reported by the Financial Times, with sources from the AFP news agency confirming the operation. The European Public Prosecutor's Office (EPPO) has acknowledged its involvement in gathering evidence linked to this case, indicating that the matter is significant and under scrutiny by relevant legal authorities.

The European Commission has pledged its commitment to transparency and accountability regarding the investigation, stating that it will fully cooperate with the EPPO and relevant Belgian authorities. The properties in question were acquired by a Belgian state property fund, which plans to renovate them for future use, highlighting the ongoing implications this investigation may have for EU institutional operations and real estate transactions in general.

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