EU FRAUD REPORT
September 1st, 2004
BY KEITH NUTHALLTHE LATEST European Commission report on fraud and irregularities regarding European Union (EU) programmes and spending indicates a significant decrease in dishonest and incompetent handling of money in 2003. However, Brussels officials told Fraud Intelligence that the figures should be viewed cautiously, because they only indicate declining reports of fraud and irregularities from member states. If national governments were less alert in 2003, then massive financial problems could have gone undetected. The figures are impressive nonetheless. The ...
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