“UN Officials Stole €400 Million in Kosovo”

“UN Officials Stole €400 Million in Kosovo”
Albanian Economy News ^ | December 18, 2008 | Staff

Tirana, Dec. 18, 2008 (AENews) –Two independent groups from the European Union and the UN have discovered that international officials in Kosovo mismanaged more than 400 million euro, reported the German daily “Die Welt” on Wednesday.

According to the alleged reports, EU funds that had been destined for Kosovo’s energy sector, were misappropriated by UN officials in Kosovo, in conduit with local politicians.

The investigation conducted by the EU Anti Fraud Office, UN investigators and the Italian Financial Police has found more than 50 cases of financial embezzlement.

In twelve of these cases there is proof of criminal liability. According to EU data roughly 2.3 billion euro have been granted for Kosovo as aid since 1999, after the NATO bombing of the forces of former Yugoslav strongman Slobodan Milosevic.

It is expected that by 2011 the EU will grant Kosovo another one billion euro, for the development of independent institutions and its infrastructure.

The reports highlights the high levels of corruption in Kosovo, Europe’s youngest state.

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