Belgian police raid EU commission in real estate probe
Belgian police searched multiple European Commission buildings in Brussels investigating a €900 million 2024 property sale to Belgium's sovereign wealth fund amid transparency concerns.
- On Thursday, Belgian police searched multiple European Commission buildings in Brussels at the EPPO's request, conducting evidence-collecting activities in an ongoing probe.
- The disputed sale involved 23 properties sold to Société Fédérale de Participations et d'Investissement for around 900 million euros in 2024, with prosecutors examining alleged irregularities in transparency and valuation.
- Searches focused on the commission's budget department, where records related to property disposals are believed to be held during Johannes Hahn's tenure as Commissioner for Budget and Administration.
- The European Commission said the sale followed established procedures, pledged transparency, and offered full cooperation; no arrests were reported, and prosecutors declined further details.
- Amid a string of recent EU scandals, the raids revive scrutiny of the European Commission real estate portfolio, which still owns around 60 Brussels buildings, raising broader accountability concerns.
114 Articles
114 Articles
Blitz of the agents in various locations: under the spotlight there is the passage of 23 buildings from the EU executive to a financial company controlled by the Belgian State. An operation worth 900 million euros.An umpteenth judicial storm fell on the EU, which now remembers more and more closely Italy of the times of Clean Hands. Yesterday morning the Belgian police carried out searches in the offices of the European Commission in the context…
The European Public Prosecutor's Office is investigating the European Commission in connection with the sale of real estate to the Belgian State.
The European Commission Raided: a 900 Million Euro Real Estate Sale at the Heart of an Investigation
In the context of a real estate sale of 23 buildings to the Belgian State, the European Commission was raided on Thursday 12 February, with irregularities in the call for tenders.
Belgian police have reportedly searched offices of the European Commission in Brussels, according to multiple media outlets. The investigation concerns real estate sales to the Belgian state in 2024.
BRUSSELS (AP) — Prosecutors have opened an investigation into the sale by the European Commission of 23 of its buildings to Belgium, where it has dozens of properties, the executive arm of the European Union reported on Thursday. The Belgian sovereign fund SFPIM purchased the buildings for about €900 million ($1 billion) in 2024 to help transform the European neighbourhood of the capital, Brussels, “into a modern, attractive and greener area,” a…
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