The European Anti-Fraud Office (OLAF) has closed its investigation into the European Commission’s Direct Assistance to the Palestinian Authority’s budget. On the basis of the information currently available to OLAF, the investigation has found no conclusive evidence of support of armed attacks or unlawful activities financed by the European Commission’s contributions to the budget. However, the possibility of misuse of the Palestinian Authority’s budget and other resources, cannot be excluded, due to the fact that the internal and external audit capacity in the Palestinian Authority is still underdeveloped. Read more about European Anti-Fraud Office closes investigation into aid to Palestinian Authority 

To date, there is no evidence that funds from the non-targeted EU Direct Budget Assistance to the Palestinian Authority have been used to finance illegal activities, including terrorism. This is the provisional assessment which the European Anti-Fraud Office (OLAF) gave today, August 10, 2004, in reaction to a number of media reports on the matter. OLAF emphasizes however that the investigations are still ongoing, therefore final conclusions can not yet be drawn. This analysis is in line with the declarations already made by OLAF during a meeting of a special Working Group of the European Parliament on March 10, 2004. Read more about EU: No evidence Israeli allegations money given to PA funded terrorism