EPPO launches Investigation ‘Precision’ into suspected EU subsidy fraud in Lithuania, probing claims that a company developing high‑accuracy GNSS receivers may have misrepresented its eligibility to secure EU funding

EPPO’s Vilnius office has launched a pre-trial investigation, code-named Precision, into potential fraud in an EU-funded project to supply High Accuracy Service (HAS) GNSS receivers for precision agriculture after evidence emerged that the company may have misrepresented its ownership and ties to individuals or entities connected with Russian and Belarusian military sectors subject to EU restrictive measures. Three individuals and one company have been informed of suspect status, with at least one suspect held in custody, and the Lithuanian Financial Crime Investigation Service is supporting the ongoing inquiry…