January 28, 2004

"An open till waiting to be robbed"

Well, this is just shocking news from the sainted world of Eurocracy.

The European Commission has overseen an "intolerable" breakdown of EU financial control while subjecting whistleblowers to vindictive treatment, Euro-MPs said yesterday.

The European Parliament's annual report on the EU's £70 billion budget expressed "extreme alarm" over failures in the commission's accounting system, finding that the books did not add up and large sums of money could not be traced.

The report, drafted by Paulo Casaca, a pro-EU Portuguese socialist, complained that no commissioner had taken the blame for the disappearance of £3 million into "black accounts" at the EU's data office, Eurostat.

Pedro Solbes, the economics commissioner in charge of Eurostat, has refused to accept the blame for abuses described by investigators as "a vast enterprise of looting".

Posted by Alan at January 28, 2004 09:01 PM