BAHAMA PAPERS

Corporate Leaks Taint European Commission

FILE - Neelie Kroes, Vice President of the European Commission in charge of Digital Agenda, and Pascal Lamy (not pictured), former Director General of the World Trade Organisation (WTO) and Chairman of the Advisory Group, present the report on the future use of UHF spectrum for TV and wireless broadband, at the EU Commission headquarters in Brussels, Belgium, 01 September 2014. EPA/JULIEN WARNAND (zu dpa «Ex-EU-Kommissarin mit Beziehung zum Steuerparadies - Kommission prüft» vom 22.09.2016) +++(c) dpa - Bildfunk+++
Former European Commission vice president Neelie Kroes is the biggest name on the new Bahamas list.
  • Why it matters

    Why it matters

    The revelations about Neelie Kroes could further undermine already diminished public confidence in the European Commission.

  • Facts

    Facts

    • The daily Süddeutsche Zeitung and International Consortium of Investigative Journalists have obtained a data cache of 1.3 million files from the Bahamas corporate registry.
    • The leaked documents reveal that Neelie Kroes failed to declare her relationship with an offshore company called Mint Holding Limited during her tenure as an E.U. commissioner.
    • Ms. Kroes’ lawyer said she acted in good faith because she thought the company had been dissolved before she took the position at the commission.
  • Audio

    Audio

  • Pdf

The European Commission’s image problem just got worse. A massive leak of information from the Bahamas corporate registry has raised questions about the business interests of former E.U. official Neelie Kroes during her tenure as anti-trust commissioner.

The leak has revealed that Ms. Kroes was the chairwoman of an offshore company called Mint Holdings Limited during part of her tenure as anti-trust commissioner. But the Dutch politician failed to declare her involvement in the company in accordance with E.U. ethics rules.

Ms. Kroes served on the European Commission from 2004 until 2014, first as the anti-trust commissioner and then as the digital commissioner. According to the leaked documents, she held the directorship of Mint Holdings Limited from 2000 until 2009.

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