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Excerpt from www.rt.com
The new Audit Board will scrutinize the management of a €50 billion aid package allocated to Kiev
The European Commission has set up a special watchdog to prevent the possible embezzlement of billions of dollars allocated to Kiev as part of the EU’s flagship plan to finance Ukraine in its conflict with Russia.
On Monday, the EU officially announced the creation of a Brussels-based Audit Board with a mandate “to prevent fraud, corruption, conflicts of interest, and irregularities” in funding provided to Ukraine by the bloc. The body, which will be active until mid-2028, will provide regular reports to the EU Commission and communicate any concerns.