EU FINANCIAL WATCHDOG NEEDS TO BARE ITS TEETH, SAYS EX-MEMBER AUDITOR
January 1st, 2011
BY KEITH NUTHALL
Discord has hit the usually placid calm of European Union (EU) financial watchdog, the Court of Auditors: a dissident ex-member says EU fraud and mismanagement is even worse than we think. Keith Nuthall explains.
It was something of a surprise when Dutch auditor Maarten Engwirda marked his retirement from the Luxembourg-based court with what amounted to an accounting kiss-and-tell exclusive in the Netherlands' De Volkskrant newspaper.
He claimed that the court's detailed assessments of financial wrongdoing and incompetence within EU ...
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