EU’s accounts fail to please the auditors for 19th consecutive year
5th November 2013
The European Court of Auditors (ECA) has failed to give the all clear to the EU’s accounts for the 19th consecutive year. The report finds that there are problems in all main spending areas.
Commenting on the ECA’s report on EU spending in 2012 (€138.6 billion or £116.3 billion), East of England MEP Stuart Agnew said: “After nearly two decades of fraud and waste, you would think that someone at Westminster would have the courage to say enough is enough and take us out of this wretched organisation! The ECA is quoting an overall error rate of 4.8% for 2012, up from 3.8% in 2011, so the problem is getting worse, not better. In agriculture, environment and fisheries, the rate is as high as 7.9%! No Prime Minister in his right mind should continue to authorise payments to the EU.
“If the EU were a limited company, its directors would have long since been handcuffed and taken away to face the music. Why should Brussels be allowed to get away with it, seemingly in perpetuity?”
NB: The Annual Report, the 2012 Audit in Brief, YouTube interviews, stock shots and the press release, will be made available at http://www.eca.europa.eu/en/Pages/home_AR2012.aspx. The Annual Report will be published on the Court's website in 23 official languages.