Belgian police raid European Commission over property sale probe

Belgian police raid European Commission over property sale probe
European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium 20 June, 2018.
Reuters

Belgian police searched multiple European Commission offices in Brussels on Thursday as part of an investigation into the 2024 sale of EU-owned buildings to the Belgian state.

The European Public Prosecutor’s Office, which is leading the probe, confirmed it is conducting “evidence-collecting activities” in relation to an ongoing investigation but declined to provide further details in order to protect proceedings.

According to reporting by the Financial Times, the searches took place at multiple Commission locations, including the budget department. The investigation concerns the sale of 23 Commission buildings to Belgium’s sovereign wealth fund, SFPIM, in a transaction reported to be worth approximately €900 million.

A European Commission spokesperson told POLITICO that the property sale followed established procedures and protocols and was conducted in compliance with applicable financial regulations. The spokesperson added that the Commission is committed to transparency and will cooperate fully with EPPO and the competent Belgian authorities.

The transaction took place during the previous Commission mandate, when Johannes Hahn served as commissioner responsible for budget matters.

Neither SFPIM nor Hahn immediately responded to requests for comment, according to media reports. Belgian federal police and the EU’s anti-fraud office, OLAF, also declined to comment.

No charges have been announced.

The EPPO is an independent body responsible for investigating and prosecuting crimes affecting the European Union’s financial interests. At this stage, authorities have indicated that the investigation remains focused on gathering evidence.

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