Finance
Belgian police raid EU offices, Belgian wealth fund over possible fraud
Published by Global Banking & Finance Review®
Posted on February 12, 2026
2 min readLast updated: February 12, 2026
Quick Summary
Belgian police raided European Commission offices over irregularities in property sales, involving 23 buildings sold for 900 million euros.
Belgian Police Conduct Raids on EU Offices and Wealth Fund Amid Fraud Probe
Investigation into Possible Fraud
BRUSSELS, Feb 12 (Reuters) - Belgian police have raided offices of the European Commission and the Belgian sovereign wealth fund SFPIM as part of a criminal investigation into possible irregularities in the sale of real estate assets.
Details of the Inquiry
The inquiry, first reported by Britain's Financial Times, concerns the 2024 sale of 23 Commission buildings to the Belgian state, according to the Commission.
Responses from Authorities
The FT, citing sources, said 23 concerned buildings were acquired by SFPIM for 900 million euros in 2024.
Cooperation with Investigation
"As far as the European Commission is concerned, the sale of the buildings followed established procedures and protocols, and we are confident that the process was conducted in a compliant manner," it said in a statement.
The EU's executive body and SFPIM said they were cooperating fully with the investigation.
The investigation is being led by EPPO, which would not give any further information regarding an ongoing investigation.
Belgian police declined to comment. The Belgian prosecutor's office did not immediately reply to a request for comment.
(Reporting by Charlotte Van Campenhout; editing by Alex Richardson and Mark Heinrich)
Key Takeaways
- •Belgian police raided European Commission offices over property sales.
- •The investigation involves 23 buildings sold for 900 million euros.
- •The European Public Prosecutor’s Office is leading the investigation.
- •The sale was reportedly compliant with EU financial regulation.
- •No comments were received from the involved parties.
Frequently Asked Questions about Belgian police raid EU offices, Belgian wealth fund over possible fraud
1What is the European Commission?
The European Commission is the executive branch of the European Union responsible for proposing legislation, implementing decisions, and upholding the EU treaties.
2What is a sovereign wealth fund?
A sovereign wealth fund is a state-owned investment fund that invests in various assets, including stocks, bonds, real estate, and other financial instruments.
3What are property sales?
Property sales refer to the transaction process of selling real estate, which can include residential, commercial, or industrial properties.
