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Fraud bill runs into billions
Date 31/10/2010 17:25  Author webmaster  Hits 1034  Language Global
31 OCT 2010

By Kirsty Buchanan | Express

BILLIONS of pounds have been lost in fraud and waste under the notorious Common Agricultural Policy.

The European Court of Auditors issued a little-noticed statement as the Council of Ministers clashed with MEPs over the EU’s bloated budget.

It reveals that in 10 years just one per cent of fraudulent subsidies have been recovered despite reforms in 1996. Auditors say it is impossible to tell how widespread corruption is at present.

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