FRAUD THINK PIECE

BY ALAN OSBORN
LET'S say you're a big spending organisation like the European Commission and you come under attack for the level of fraud and financial mismanagement committed under your regulations. You decide to tighten up the rules quite radically and enforce them more thoroughly.

But what happens is that the next time round the level of fraud and apparent incompetence rises even further, simply because more cases are found out.

This is one of the defences used by the Commission in response to the structures made last November by the EU's ...


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