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Bulgaria Embroiled in Railway Infrastructure Project Embezzlement Scandal

A recent investigation by the European Anti-Fraud Office (OLAF) and the European Public Prosecutor’s Office (EPPO) has uncovered possible irregularities in a railway infrastructure project in Bulgaria, funded by the EU. The probe focused on two successful tenderers who lacked the necessary technical capacities to implement the project or had misrepresented their financial capabilities.

Irregularities Uncovered

According to OLAF’s investigation, two of the tenderers either did not have the required skills to complete the project or had exaggerated their financial capabilities. The alleged irregularities led to a potential loss of over €38 million, with an additional €92 million at risk if further action is not taken.

EPPO Investigation Underway

The EPPO’s ongoing investigation is centered around possible criminal offenses, including misuse of EU funds and money laundering, in connection with a second railway project worth an estimated €111 million.

OLAF Director-General’s Statement

“We have prevented the unduly spending of over €92 million and recommended the recovery of over €38 million, which belongs to European taxpayers,” said Ville Itälä, OLAF Director-General. “This investigation is an example of how combining administrative and criminal procedures can best protect EU financial interests.”

OLAF’s Mission

The OLAF investigation aimed to detect, investigate, and stop fraud with EU funds, ensuring that all taxpayer money reaches projects that create jobs and growth in Europe.

• Preventing the unduly spending of over €92 million
• Recommending the recovery of over €38 million
• Protecting EU financial interests through administrative and criminal procedures