EU ROUND UP – EUROPEAN PARLIAMENT CALLS FOR BETTER EU FRAUD CHECKS
March 8th, 2015
THE EUROPEAN Parliament’s budgetary control committee has called for more thorough checks on European Union (EU) institution and budget spending. In a detailed resolution, it noted that while the value of EU frauds has been falling, the number of scams has been increasing. The European Commission should better analyse cases to prevent further loss of funds, said MEPs.In 2013 15,779 irregularities, both fraudulent and non-fraudulent, were reported to the Commission, involving EUR2.14 billion. The number of irregularities increased by 17% compared to 2012, ...
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