OLAF: A CORNERSTONE
IN FIGHTING CORRUPTION IN PUBLIC FUNDS
Name: Lu Peiwei
University & Department: Kyushu University Law Faculty
Date of Submission: 24 January 2012
Name of Research Paper Advisor: Mark Fenwick
DECLARATION
I certify that all material in this research paper is my own work, except where I have indicated with appropriate references. I agree that academic misconduct, the cheating, and plagiarism will be reviewed by the EUIJ-Kyushu mittee and EUIJ-Kyushu Educational Management mittee, and may result in an “F” grade.
Signature:
USEFUL LITERATURE
A considerable amount of material used in the article was based on the OLAF Manual. The electronic version of OLAF Manual is available on the EU Website: -Manual-Operational-. Additional information regarding OLAF can be found on OLAF’s website: .
INTRODUCTION
Every year trillions of dollars are spent on publicly funded projects in the world. From schools and hospitals, roads and bridges, to power plants and waste disposal lines, to museums and libraries, public funds play an most important role in our daily life. During any of these processes, corruption does great harm. Though kinds of measures have been taken by governments to prevent bat corruption, it is just there. It increases the cost of public services to citizens, reduces the quality of products, and erodes people’s trust in governments. In some important public contracts, corruption not only steals money from taxpayers, it sometimes costs lives. Incidences of collapsed buildings and counterfeit medicines have happened many times in many countries. Hence the adverse effects of corruption in public funds has e one big issue in modern munity. Many countries now face legal and practical challenges in ing fraud and corruption in governments’ expenditure. The European Anti-Fraud Office, OLAF “OLAF” is the acronym of its title in French, Of
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