Belfast Telegraph

Friday 11 July 2014

Fraud against EU in billions: Lords

The scale of fraud against the EU budget is likely to be in the billions rather than millions and at least 12 times greater than the amount acknowledged by the European Commission, a House of Lords report claims.

It says the €404m (£348m) cited in the most recent EU audit gives "only a glimpse" of the real size of the problem.

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