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The European Public Prosecutor s Office (EPPO), an independent EU body, starts operating on Tuesday. Based in Luxembourg, this first supranational public prosecution office will investigate, prosecute and take to judgment criminal offences that damage the EU’s financial interests.
In her recent statement, European Chief Prosecutor Laura Kövesi underlined that the EPPO has been created to improve the level of protection of the financial interests of the EU. “We haven’t been set up to allow anyone to put cases in a drawer, “ she said.
The Public Prosecutor s office is expected to investigate approximately 3,000 cases every year.
A new European Union-level prosecutor s office position started work Tuesday, with Kristel Siitam-Nyiri (pictured) appointed Estonia s functionary. The office has been established as a way of investigating more efficiently financial crime which harms the European Union directly and which costs the bloc hundreds of millions of euros per annum. This is a historic moment for the European judicial space: for the first time, there is a body at European Union level with independent competence to carry out criminal proceedings and bring charges, Siitam-Nyiri said of her appointment to the European Public Prosecutor s Office (EPPO), Every year, member states report fraud of around €500 million, on average; if the if EPPO can get back even a tenth of this, our work will already be of great help, she added.
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