Spectator on facebook

Spectator on facebook

Counterfeit bank statement reveals fraud in drawing of Norway funds

Iceland, Liechtenstein and Norway have asked Slovakia to return back more than €660,000 received from the Norwegian Financial Mechanism and European Economic Area (EEA) Financial Mechanism due to fraud that has been uncovered involving a Slovak project.

Iceland, Liechtenstein and Norway have asked Slovakia to return back more than €660,000 received from the Norwegian Financial Mechanism and European Economic Area (EEA) Financial Mechanism due to fraud that has been uncovered involving a Slovak project.

The purpose of the project was to construct a multi-purpose sports complex in Senec (Bratislava Region) – to make sporting activities more available to local children and young people. As the EEA and Norwegian funds employ zero tolerance policies, all projects are closely monitored and sanctions are imposed at the slightest hint of wrongdoing.

The fraud was revealed thanks to a counterfeit bank statement. "The recipient submitted a bank statement to a Government Office that turned out to be fictitious," the TASR newswire learned from Government Office press department on Monday, September 3. In cooperation with the Office for the Fight Against Corruption, the authorities compared the submitted statement with original bank records and discovered that some €62,000, which was supposed to be transferred to the supplier, were withdrawn in cash instead.

Although the remaining money was used for its official purpose, the donor countries are demanding the full sum of €668,000 to be repaid. Therefore, due to the €62,000 fraud, the football club will have to return some €786,000 - €118,000 of which was provided by the state. A criminal investigation into the alleged fraud has been launched.

(Source: TASR)
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Námestie Slobody gets facelift Photo

The architectural tender will gather ideas for the redesign of the biggest square in Bratislava

Námestie Slobody will be redesigned into a kind of living room in the city.

When the state can’t keep a secret

A selective leak has tarnished President Kiska’s reputation. But he must continue to speak out about corruption.

President Andrej Kiska

Fundamental values explored at Divadelná Nitra 2017

This time round, the Slovak, European and US ensembles at the theatre festival focus on #fundamentals, i.e. basic values and the essence of all things.

Nature Theatre of Oklahoma: Pursuit of Happiness

Foreign rocket engines for North Korea: Why?

For Russia, the path to a weakened China could be through a major nuclear accident in North Korea.