Continued Fraud: European Union STILL wasting billions every year
2012-11-08 0:00

By Matt Chorley | DailyMail.co.uk

The European Union is still wasting billions every year, spending watchdogs said today as they refused to sign off official accounts - again.

It is the 18th successive year that the Court of Auditors has said the EU’s finances were in such a mess that they could not be given a clean bill of health. In fact errors are still on the rise.

It included a ‘special premium’ paid to a farmer for 150 sheep which did not exist and 200,000 euros paid for a two-storey "laboratory" for producing fruit in Lombardy, Italy which inspectors found had ‘predominantly the charters of a private residence’.

The revelations will heap pressure on David Cameron who suffered a humiliating Commons defeat last week as Labour and Tory rebels united to demand he insist on a cut on the vast budget at talks next month.

The 27 member states and the executive Commission stand accused of failing to do enough to track billions of pounds in spending at a time when countries are imposing deep spending cuts at homes.

The Court of Auditors said that errors in EU payments had risen to 3.9 per cent from the 2011 budget of almost 130billion euros (£104billion).

It added that there were ‘too many cases of EU money not hitting the target or being used sub-optimally’.

Acknowledging the clamour for cuts in spending, ECA President Vitor Caldeira said it was essential for the EU to disburse its current budget ‘more efficiently’


He added: ‘Member states must agree on better rules for how EU money is spent, and member states and the European Commission must enforce them properly.’

Marta Andreasen, a UK Independence Party MEP, said: ‘If this report, outlining as it does the continued gross mismanagement of EU funds, doesn’t set alarm bells ringing in Downing Street then nothing will.’

The former European Commission Chief Accountant added: ‘There is a new generation who will be voting later this month who have never known an EU with clean accounts.’


UKIP MEP Marta Andreasen, a former Accounting Officer for the European Commission, said today’s report should set alarm bells ringing in Downing Street.


[...]

Read the full article at: dailymail.co.uk






Tune into Red Ice Radio:

Marta Andreasen MEP - Brussels laid Bare, Financial Fraud within the European Union

Birgitta Jonsdottir - Financial & Political Update from Iceland

Nigel Farage MEP - The State of the EU & The Undemocratic Treaty of Lisbon








Related Articles


Latest News from our Front Page

ABC Is Hiding Details of Killer Vester Flanagan's Manifesto ...(Must Be Littered With Liberal Propaganda)
2015-08-29 3:45
Killer Vester Flanagan was a big Obama supporter. But, you’d never know it from the liberal media. The media is hiding Flanagan’s political leanings from the American public. ABC has yet to release Flanagan’s manifesto. It must be littered with embarrassing liberal propaganda. The Tatler reported, via Instapundit: Two days ago, ABC News reported that Vester Flanagan, the murderer of two WDBJ employees, sent a 23-page ...
Austria, Libya count dead as number of migrants crossing Mediterranean soars
2015-08-29 1:37
Austria said on Friday 71 refugees including a baby girl were found dead in an abandoned freezer truck, while Libya recovered the bodies of 82 migrants washed ashore after their overcrowded boat sank on its way to Europe and scores more were feared dead. The U.N. refugee agency said the number of refugees and migrants crossing the Mediterranean to reach Europe ...
Financial Times Calls For Abolishing Cash
2015-08-29 1:07
liminating physical currency necessary to give central banks more power The Financial Times has published an anonymous article which calls for the abolition of cash in order to give central banks and governments more power. Entitled The case for retiring another ‘barbarous relic’, the article laments the fact that people are stockpiling cash in anticipation of another economic collapse, a factor which ...
Serbian government bans anti-mass immigration protests, and plans ahead for mass immigration
2015-08-29 1:52
Nebojsa Stefanovic, Serbia’s Interior Minister said protesters who are concerned about “an EU plan” to settle thousands of illegal immigrants into the country, will not be allowed to voice their concerns in a protest march on Monday, 31st of August. “We will not allow the expression of intolerance and hatred to be something that is characteristic of Serbia” said Stefanovic. “The Ministry ...
Germany asks Facebook to remove 'racist' anti-migrant posts
2015-08-28 20:32
Heiko Maas, Germany's justice minister, says social network should remove xenophobic posts in the same way it deals with nudity Germany is calling on Facebook to remove “xenophobic and racist” anti-migrant posts from its website and apps. Heiko Maas, the German justice minister, has written to the company to demand an urgent review of its policy over hate messages. “Photos of certain ...
More News »