Misused EU funds

Misused EU funds

Organisation: Direkt36 (Hungary)

Publication Date: 04/08/2016

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Description

The story is a classic case of "follow the money" investigations. We exposed how substantial amount of European Union funds went to companies that later (sometime not much time later) went bankrupt. EU subsidies play a very important role in the Hungarian economy. We wanted to show how this money is spent and we were also looking for potential flaws in the system. The story was produced for a general audience but of course we knew that it can draw special attention from EU circles. We were informed that after its publication, one Hungarian MEP turned to OLAF (EU's Anti-Fraud Office) because he thought that our story should prompt an investigation. OLAF is very secretive so we don't know whether they indeed started an investigation.
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