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Alarm bells should be ringing in Downing Street on latest Court of Auditors report
Date 07/11/2012 15:04  Author webmaster  Hits 1898  Language Global
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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, says UKIP MEP Marta Andreasen.


The European Court of Auditors yesterday published their audit of the 2011 EU Budget. The ‘error rate’ – unaccounted for money – is up on 2010 meaning that for the 18th year in a row they cannot give the budget a clean bill of health.

The error rate in general is now up to 3.9 per cent.

Alarmingly the error frequency – how many irregular transactions appear in the auditors sample – is around or exceeds 50pc for rural development, regional funding and research.



As I said this is now the 18th year in a row that the European Court of Auditors has refused to give the EU Budget a clean bill of health. Worse still the ‘error rate’, shorthand for unaccounted money, is on the rise.

Research, the EU’s political baby is worst affected, along with Agriculture, the largest chunk of the EU budget. And yet the European Institutions want even more money for 2013. 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.

Here’s another thought: there is a new generation who will be voting later this month who have never known an EU with clean accounts!

I got some good media coverage on this both in the Uk and around the world thanks to the Associated Press and the Press Association. Here are some links for the
Telegraph, Daily Mail and Express with my comments on this story.
www.ukip.org
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