Anger as Santer brought back for bailout fund role
POLITICIANS reacted with fury last night after the official who presided over one of the worst corruption scandal in EU history was appointed to a key role in the Eurozone bailout fund.
Jacques Santer, 74, will run a special purpose investment vehicle (Spiv) designed to raise funds to defend the Eurozone. He was president of the European Commission in 1999 when it was forced to resign en masse over a devastating report alleging corruption. Martin Callanan, leader of the Conservative MEPs, said Santer’s return was “like putting Dracula in charge of the blood bank” and UKIP leader Nigel Farage dismissed it is “almost laughable”.
Santer was not accused of wrongdoing in the EU scandal . Yesterday supporters said he was a man of integrity.