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European Parliament shuns committee of inquiry into LuxLeaks

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European Parliament shuns committee of inquiry into LuxLeaks
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The European Parliament has failed to set up a committee of inquiry into the LuxLeaks affairs.

Parliamentarians wanted to investigate how and why major corporations were able to broker favourable tax deals with Luxembourg.

A compromise means MEPs will now create a ‘special committee’ which has fewer rights and cannot, for example, summon witnesses.

The scandal put Commission pressident Jean-Claude Juncker in the spotlight at the start of his five-year mandate-

Speeches made by him during his time as Luxembourg’s premier suggest he played a leading role in negotiating the agreements.