The annual theft of EU funds is around €500 million, but a top European Commission official says the figure is likely in the billions. “We have reasons to believe that the real figure is closer to billions than to millions,” Françoise Le Bail, who heads the commission’s justice directorate-general, told the European Parliament’s civil liberties committee on Wednesday (18 September). … Le Bail, along with OLAF boss Giovanni Kessler, spoke to MEPs to set out their case for tracking down those who steal EU money by setting up a new European Public Prosecutor’s Office (EPPO). The EU-wide prosecutor would be...