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Warsaw - the money is not 'lost' the commission said (Photo: metaphox)

EU freezes €4bn of Polish funds in fraud case

The European Commission has blocked over €4 billion of money for Polish roads, causing dismay in the run-up to an EU budget summit next week.

It took the decision after the Polish prosecutor accused 11 people - 10 of them CEOs of large construction firms and one of them a former director in Poland's road agency, the GDDKiA - of colluding to fix prices for tenders for EU-co-funded projects.

The frozen money concerns €4 billion of unspent Polish allocations from the EU's 2007 to ...

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

Warsaw - the money is not 'lost' the commission said (Photo: metaphox)

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

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