The European Public Prosecutor's Office has opened an investigation against the former far-right ID group, which includes Marine Le Pen's party and Germany's AfD, for the alleged misuse of 4.3 million euros of EU funds between 2019 and 2024. Raids were carried out on communication companies linked to the group. The aim is to determine whether public money intended for European purposes was diverted.
How blockchain technology could have prevented the diversion of funds 🔗
The traceability of European funds could have been ensured through distributed ledger systems like blockchain. Each transaction would be recorded on an immutable chain, accessible to auditors and citizens. Tools such as smart contracts would have released the money only upon meeting verifiable milestones. Without this technical layer, opacity allowed 4.3 million to move between communication companies without clear oversight, hindering the detection of potential fraud.
The good Europeanist's manual: step one, don't steal 😅
It seems some politicians understood the phrase funds for Europe as funds for my pocket. Le Pen's leader's defense, denying irregularities, echoes the classic: It wasn't me, it was the other guy. Meanwhile, taxpayers wonder if the next course on European Ethics will include a basic module on Don't touch other people's money. At least the raids have provided work for the Prosecutor's Office technicians.