Advert

EU reviews ex-commissioner Kroes' offshore directorship following Bahamas leaks

Kroes (right) is seen here with former Finance Minister Tonio Fenech during a 2008 meeting in Malta.

Kroes (right) is seen here with former Finance Minister Tonio Fenech during a 2008 meeting in Malta.

- The European Commission said today it was looking into whether to take action against former EU commissioner Neelie Kroes for failing to declare a directorship of an offshore firm in the Bahamas.

Kroes, who was the Commission's anti-trust chief and then oversaw digital affairs under former president Jose Manuel Barroso for a decade until 2014, confirmed to newspapers which published leaked Bahamas documents that she should have declared her interest in the offshore company.

A spokeswoman for the Commission said: "Mrs Kroes has now informed us and we will analyse and check the information before commenting."

EU officials said that a failure to declare such a directorship would be a breach of EU rules.

The revelation comes at an awkward time for the Commission, which is battling to regain public trust following the British vote to leave the Union. Against a rise of nationalist and anti-establishment parties across Europe, it is fighting to change an impression that it is too close to big business.

Commission President Jean-Claude Juncker has already made clear his irritation with his predecessor Barroso for taking a job with US bank Goldman Sachs this summer, and has launched an ethics probe into the affair.

Kroes also came in for criticism from the Commission earlier this month after she publicly questioned the decision of the current competition commissioner, Margrethe Vestager, to demand €13 billion in back taxes from Apple Inc. in Ireland.

A Commission spokesman noted in reaction that the Dutch former digital commissioner now holds a position at U.S. ride-sharing company Uber, which she had openly supported during her mandate as tech commissioner in its legal battles with taxi drivers' organisations in Europe.

Advert

See our Comments Policy Comments are submitted under the express understanding and condition that the editor may, and is authorised to, disclose any/all of the above personal information to any person or entity requesting the information for the purposes of legal action on grounds that such person or entity is aggrieved by any comment so submitted. Please allow some time for your comment to be moderated.

Comments not loading? We recommend using Google Chrome or Mozilla Firefox with javascript turned on.
Comments powered by Disqus  
Advert
Advert