Grand Theft Europe: Pan-European investigation lifts lid on EU ETS tax fraud

Published 09:46 on May 7, 2019  /  Last updated at 09:46 on May 7, 2019  /  Bavardage, EMEA, EU ETS

German non-profit media organisation CORRECTIV has coordinated 35 newsrooms across Europe to open the lid on the €5 billion carousel fraud that shook the EU carbon market to its core nearly a decade ago, finding that tax authorities are still pursuing or have reached settlements with a number of major investment banks and brokers.
German non-profit media organisation CORRECTIV has coordinated 35 newsrooms across Europe to open the lid on the €5 billion carousel fraud that shook the EU carbon market to its core nearly a decade ago, finding that tax authorities are still pursuing or have reached settlements with a number of major investment banks and brokers.


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