Disappearance of the sugar millions leaves a sour taste

WHEN close to a third-of-a-billion euro disappears without any apparent trace, there is usually an investigation about it.

But not when it comes to the country’s late sugar industry. It has disappeared, and with it the €310 million the EU handed out to farmers and the company that manufactured the product.

An accountants’ study into how the EU’s €11bn sugar industry was reformed four years ago and how the European Commission handled it came up with some shocking conclusions.