focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied Materials
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied MaterialsView Video
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to mining
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to miningView Video

Latest Share Chat

Fraudsters offer 400 million 'ghost' COVID vaccines in EU - officials

Thu, 25th Feb 2021 11:53

BERLIN/BRUSSELS, Feb 25 (Reuters) - Fraudsters have offered
400 million doses of COVID-19 vaccines worth some 3 billion
euros to European Union countries, two officials, showing how
criminals seek to capitalise on a botched inoculation campaign
weighing on the bloc's economic recovery.

EU leaders will discuss by videoconference on Thursday how
to protect their 450 million citizens from new, more contagious
variants of the coronavirus, ensure stable vaccine deliveries,
ramp up production and update jabs to counter new strains.

Two officials with the bloc's executive European Commission
estimated that around 400 million doses of "ghost" vaccine had
been offered by fraudsters at a price of up to 3 billion euros
($3.67 billion).

"There is a really large quantity," one said. "Nobody has
any idea what is actually in these vials...The best case is it's
just not working, in the worst case it's a very serious issue."

The official, who noted that most of the shots offered to EU
governments by traders were purportedly the AstraZeneca
vaccine, compared the situation to the start of the coronavirus
pandemic in early 2020 when criminal exploited a shortage of
masks and other protective equipment.

A second official, who also spoke on condition of anonymity,
said the Commission was worried about "ghost" vaccines.

"It is unclear whether these are genuine vaccine doses or if
we are just talking about salt water in small vials," the
official told Reuters.

The EU had warned already that vaccine fraud was on the
rise, with fake doses circulating on the market, but the extent
of the problem has been unclear until now.
($1 = 0.8179 euros)
(Reporting by Sabine Siebold, John Chalmers, Writing by
Gabriela Baczynska
Editing by Mark Heinrich)

Related Shares

More News
16 May 2024 10:27

AstraZeneca trials yield positive results for immunocompromised patients

(Alliance News) - AstraZeneca PLC on Thursday said results from recent trials revealed a significant reduction in cases of Covid-19.

12 May 2024 13:25

Pfizer and AstraZeneca announce new investments of nearly $1 billion in France

PARIS, May 12 (Reuters) - Leading healthcare companies Pfizer and AstraZeneca announced on Sunday new investments in France worth a total of nearly ...

8 May 2024 19:10

Sector movers: Aerospace and Defence, Pharma pace gains

(Sharecast News) - London's main stock market gauges continued to push higher in the middle of the week, even as investors waited on the Bank of Engla...

8 May 2024 17:46

FTSE 100 hits record high, pound slips ahead of BoE verdict

FTSE 100 up 0.5%, FTSE 250 adds 0.4% *

8 May 2024 16:36

London close: Stocks rise further ahead of BoE decision

(Sharecast News) - London's stock markets closed with gains on Wednesday, bolstered by a dip in the value of the pound against both the dollar and the...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.