The European Commission has asked the European Anti-Fraud Office (OLAF) to examine the links between Peter Mandelson, former British ambassador to the United States and former European Commissioner for Trade, and the American financier Jeffrey Epstein, convicted of sexual crimes.
According to a Commission spokesperson, the initiative was taken on February 18 "in light of the circumstances and the significant amount of documents made public." OLAF, the European Anti-Fraud Office, which investigates fraud and ethical breaches within European institutions, has not officially confirmed the opening of an investigation, but could examine potential violations of the ethical obligations of former commissioners.
An influential figure in the British Labour Party, Peter Mandelson is already the subject of an investigation in the United Kingdom for possible misconduct in the exercise of his public functions, in connection with his relationship with Jeffrey Epstein.
Documents analyzed by the Associated Press show that Mandelson was in contact with Epstein and Ghislaine Maxwell before, during, and after Epstein's tenure as European Commissioner for Trade (2004-2008). Bank statements suggest that Epstein paid $75,000 to Mandelson or his spouse in 2003 and 2004. Mandelson claims not to remember these payments and disputes their authenticity.
The European investigation could notably focus on the alleged transmission of sensitive information. In 2010, Mandelson reportedly discussed a €500 billion European bailout plan to Epstein via email, intended to stabilize the eurozone, the day before its official announcement—information potentially exploitable on financial markets.
The revelations have also had political repercussions in the United Kingdom. Prime Minister Keir Starmer had appointed Mandelson to a diplomatic post despite the controversies surrounding his friendship with Epstein. This decision is now being criticized by the opposition.
Questioned by British police, Mandelson was released after several hours of questioning and has not yet been charged. His lawyers maintain that he is cooperating with the authorities and denounce the accusations as unfounded.
Former European Commissioners remain subject to a code of conduct and ethical obligations after leaving office. If any breaches were established, OLAF could recommend administrative or legal action.
The investigation comes amid new releases of documents related to the Epstein case, which continue to generate international repercussions.
