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

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

The War Against Whites Is Massively Incentivized
2014 08 28
The war on Whites is getting increasingly obvious, to the point that a very mainstream source, Congressman Mo Brooks, stated it and then refused to back down. This war is being carried on with a number of very potent weapons. At TOO we have stressed the moral onslaught which has inculcated guilt among legions of Whites for actions that have occurred ...
Study Offers Clues to Arctic Mystery: Paleo-Eskimos’ Abrupt Extinction
2014 08 28
Seven hundred years ago, the Dorset people disappeared from the Arctic. The last of the Paleo-Eskimos, the Dorset culture had dominated eastern Canada and Greenland for centuries, hunting seal and walrus through holes in the ice and practicing shamanistic rituals with ornate carvings and masks. Then, they promptly ceased to exist. Modern archaeologists have scoured troves of Arctic artifacts, searching for ...
Lois Lerner’s IRS Blackberry Destroyed After Federal Probe
2014 08 28
The IRS destroyed former Lois Lerner’s BlackBerry after Congress started probing whether the IRS was targeting conservative groups. Lerner was director of the Exempt Organizations Division of the IRS. A sworn declaration of Thomas Kane, a senior IRS lawyer, reveals that in June 2012, the IT department of the IRS wiped any sensitive or proprietary information from the BlackBerry in ...
White Marine Beaten by Black Mob in Michael Brown ‘Revenge’ Attack
2014 08 28
Police refuse to treat incident as a hate crime A white Marine was left in an induced coma after a group of black men brutally beat him as part of a revenge attack in response to the killing of 18-year-old Michael Brown in Ferguson, Missouri. The incident began at West Point Waffle House in Mississippi on Saturday morning at around 1am. With ...
Study: Exposure to Endocrine disrupting Chemicals Can Affect Future Generations
2014 08 28
Scientists have known that toxic effects of substances known as endocrine disrupting chemicals (EDCs), found in both natural and human-made materials, can pass from one generation to the next. New research shows that females with an ancestral exposure to EDC may show especially adverse reactions to stress. According to a new study by researchers from The University of Texas at Austin ...
More News »