Posted on 11/05/2014 1:37:34 AM PST by Olog-hai
The European Union is accused of “breathtaking hypocrisy” for continuing to demand that David Cameron pays a £1.7 billion bill despite its own auditors failing to give a clean bill of health to more than £100 billion of spending by Brussels.
According to the annual report of the European Court of Auditors, seen by The Telegraph, £5.5 billion of the EU budget last year was misspent because of controls on spending that were deemed to be only “partially effective” by experts.
The audit, published this morning, found that £109 billion out of a total of £117 billion spent by the EU in 2013 was "affected by material error”.
It means that the Brussels accounts have not been given the all clear for 19 years running. …
(Excerpt) Read more at telegraph.co.uk ...
They are unbelieveable aren’t they? Any company that couldnt sign off its accounts for even one year would be vilified, shut down and the directors imprisoned.
This is year 19.
That may be true, but it doesnt actually make it much better.
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