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    1. Home
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    3. >European anti-fraud office opens investigation into Peter Mandelson
    Finance

    European Anti-Fraud Office Opens Investigation Into Peter Mandelson

    Published by Global Banking & Finance Review®

    Posted on April 24, 2026

    2 min read

    Last updated: April 24, 2026

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    Quick Summary

    OLAF has formally opened an investigation into Peter Mandelson, Britain’s former ambassador to the U.S. and ex-EU Trade Commissioner, amid growing scrutiny over his ties to Jeffrey Epstein and prior preliminary inquiries earlier this year.

    Global Banking & Finance Awards 2026 — Call for Entries

    European anti-fraud office opens investigation into Peter Mandelson

    OLAF Investigation and Context

    By Sudip Kar-Gupta

    OLAF's Statement on the Investigation

    BRUSSELS, April 24 (Reuters) - The European Anti-Fraud Office (OLAF) said it had opened an investigation into Peter Mandelson, Britain's former ambassador to the U.S. and an ex-EU politician under scrutiny over his ties to deceased sex offender Jeffrey Epstein.

    Confidentiality and Ongoing Proceedings

    "OLAF can confirm the opening of an investigation on the case that you refer to. However, as the investigation is ongoing, OLAF cannot issue any further comment," it said via email on Friday.

    "This is in order to protect the confidentiality of ongoing and possible ensuing investigations, possible subsequent judicial proceedings, personal data and procedural rights," it added.

    Background on Peter Mandelson and the Probe

    Timeline of OLAF's Actions

    The formal opening of a probe into 72-year-old Mandelson, who served as EU trade commissioner between 2004 and 2008, comes after OLAF had initially said in February that it was looking into the situation.

    Response from Mandelson's Legal Team

    Mandelson's legal representatives did not immediately respond to a request for comment.

    Political Fallout and Recent Developments

    Prime Minister Keir Starmer appointed Mandelson, who served as a minister when Labour was last in power more than 15 years ago, as Britain's Ambassador to the US in late 2024, only to then sack him last September after a trove of emails revealed the depth of Mandelson's ties with Epstein.

    Reporting Credits

    (Reporting by Sudip Kar-Gupta;Additional reporting by Sam Tabahriti in London;Editing by Andrew Cawthorne and Toby Chopra)

    References

    • European anti-fraud office confirms it is looking into
    • Mandelson faces EU inquiry into Brussels trade role over Epstein links | UK news | The Guardian
    • Starmer faces calls to resign as UK government admits ambassador to US failed vetting process

    Table of Contents

    • OLAF Investigation and Context
    • OLAF's Statement on the Investigation

    Key Takeaways

    • •The European Anti-Fraud Office (OLAF) has escalated its inquiry into Peter Mandelson into a formal investigation as of April 24, 2026; previously, it was only 'looking into' the matter without confirmation of a probe (globalbankingandfinance.com).
    • •The investigation stems from revelations of Mandelson’s links to convicted sex offender Jeffrey Epstein, including allegations of passing sensitive government information and receiving financial benefits ().

    Frequently Asked Questions about European anti-fraud office opens investigation into Peter Mandelson

    1Who is under investigation by the European Anti-Fraud Office?

    Peter Mandelson, Britain's former ambassador to the U.S. and ex-EU politician, is under investigation.

    2What is OLAF investigating Peter Mandelson for?

    OLAF has opened an investigation regarding Peter Mandelson's ties to deceased sex offender Jeffrey Epstein.

    Confidentiality and Ongoing Proceedings
  • Background on Peter Mandelson and the Probe
  • Timeline of OLAF's Actions
  • Response from Mandelson's Legal Team
  • Political Fallout and Recent Developments
  • Reporting Credits
  • theguardian.com
  • •The move comes amid intense political fallout in the UK: Mandelson failed security clearance for his ambassadorial role, was later appointed regardless, then dismissed; Prime Minister Keir Starmer has faced mounting pressure and backlash (apnews.com).
  • 3Has OLAF released further information about the case?

    No, OLAF stated it cannot issue further comment as the investigation is ongoing.

    4Did Peter Mandelson's legal representatives comment on the investigation?

    No, Mandelson's legal representatives did not immediately respond to a request for comment.

    5Who reported on the Mandelson investigation story?

    The story was reported by Sudip Kar-Gupta, with additional reporting by Sam Tabahriti in London.

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