April 13, 2005

Scale of EU fraud 'difficult to calculate'

according to the Telegraph the scale of EU fraud is 'difficult to calculate', but at least £620 million in 2003, the lastest accounts not to get signed off, which is higher than in 1999 when the anit-fraud office was created following the collapse of the Commission due to fraud scandels within it.
Edward Leigh, the chairman of the Public Accounts Committee, said: "The task of achieving strong audit and accountability arrangements in the European Union is one Sisyphus himself, endlessly pushing his huge stone to the top of the mountain, would not envy. Little has changed because of institutional inertia."
institutional corruption more like.


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