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    Home > Finance > Former senior EU diplomat Mogherini resigns as rector amid fraud probe
    Finance

    Former senior EU diplomat Mogherini resigns as rector amid fraud probe

    Published by Global Banking & Finance Review®

    Posted on December 4, 2025

    2 min read

    Last updated: January 20, 2026

    Former senior EU diplomat Mogherini resigns as rector amid fraud probe - Finance news and analysis from Global Banking & Finance Review
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    Tags:international financial institutionfinancial crisiscorporate governancefinancial stabilityfinancial markets

    Quick Summary

    Federica Mogherini resigns as College of Europe rector amid EU fraud probe. She denies wrongdoing and cooperates with the investigation.

    Federica Mogherini Resigns as Rector Amid Fraud Investigation

    BRUSSELS, Dec 4 (Reuters) - Former EU foreign policy chief Federica Mogherini has resigned as rector of the College of Europe amid a fraud probe, she said in a statement on Thursday.

    The European Public Prosecutor's Office (EPPO) this week accused Mogherini and two others of procurement fraud and corruption. It has said the investigation concerns suspected fraud related to EU-funded training for junior diplomats.

    Mogherini's lawyer said she denied any wrongdoing and was cooperating with the investigation.

    Senior EU diplomat Stefano Sannino, another suspect in the case, said in an email seen by Reuters on Wednesday that he will retire early this month, adding that he does not consider it appropriate to continue amid the probe. He said he was "confident that everything will be clarified".

    He has not responded to requests for comment made by Reuters.

    Mogherini was the EU's high representative for foreign and security policy and head of its diplomatic service from 2014 to 2019. She became rector of the College of Europe, a post-graduate institute of European studies, in 2020.

    The 52-year-old Mogherini previously served for eight months as Italian foreign minister under Prime Minister Matteo Renzi's centre-left government, in what was at the time seen as a surprise choice given her relatively inexperienced profile.

    Mogherini and Sannino, both Italian nationals, are well known in Brussels diplomatic circles, and news of the allegations sent shockwaves through the EU community.

    In a letter sent to staff of the EU's diplomatic service on Wednesday and seen by Reuters, EU foreign policy chief Kaja Kallas called the allegations "deeply shocking" but said they should not overshadow the good work done by the vast majority of employees.

    (Reporting by Arda Dipova, Inti Landauro, Andrew Gray, additional reporting by Alvise Armellini, Writing by Charlotte Van Campenhout, Editing by Bart Meijer and Ed Osmond)

    Key Takeaways

    • •Federica Mogherini resigns amid fraud probe.
    • •The investigation involves EU-funded training fraud.
    • •Mogherini denies wrongdoing and cooperates with probe.
    • •Stefano Sannino also implicated, plans early retirement.
    • •The allegations have shocked the EU diplomatic community.

    Frequently Asked Questions about Former senior EU diplomat Mogherini resigns as rector amid fraud probe

    1What is corruption?

    Corruption refers to unethical behavior by individuals in positions of power, often involving bribery or the misuse of authority for personal gain. It undermines trust and integrity in institutions.

    2What is a fraud probe?

    A fraud probe is an investigation conducted to uncover fraudulent activities within an organization. It typically involves examining financial records and interviewing involved parties.

    3What is the role of the European Public Prosecutor's Office (EPPO)?

    The EPPO is an independent body of the European Union responsible for investigating and prosecuting crimes against the EU budget, including fraud and corruption.

    4What is the College of Europe?

    The College of Europe is a post-graduate institute of European studies located in Bruges, Belgium, offering specialized education in European affairs and international relations.

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