MEPs vote to suppress damaging expenses report
MEPs have voted not to reveal the details of an audit report which would reveal evidence of widespread expenses abuse
MEPs have voted not to reveal the details of an audit report which would reveal evidence of widespread expenses abuse
MEPs have voted not to release the details of an audit report which exposes
end-of-year bonuses paid to their staff, allowances paid to those who did not
employ anyone and allowances paid to companies or individuals linked to an MEP.
Voting in Strasbourg yesterday, MEPs not only refused to release of the
report but also rebuffed calls from the Ombudsman to publicise the names of the
407 MEPs who are enrolled in a voluntary pension fund, subsidised by the
taxpayer, The Independent reports.
The European
Parliament pays more than €25,000 (£20,000) a year into the pension funds of
the subscribing MEPs, who are required to contribute another €13,860 (£11,100).
Liberal Democrat MEP Chris Davies said the lack of transparency made it
impossible to check whether some members were using other parliamentary
allowances to cover their contribution, which he said amounted to
‘embezzlement’.
Further reading:
Report uncovers MEP expenses abuse
The numbers you crunch tell a story. Your expertis...
18yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleNigel Farage has pledged to raise the personal tax-free allowance to £20,000, a move the Institute for Fiscal Studies says could cost up to £80bn annu...
View articleThe Bank of England will delay its much-anticipated interest rate decision tomorrow (Thursday, May 8) by precisely two minutes to observe a national m...
View articleChancellor Rachel Reeves has ruled out any increases to UK wealth taxes in the upcoming Autumn Budget, putting an end to speculation over potential hi...
View articleWhen Chancellor Rachel Reeves rises to deliver her Spring Statement on Wednesday, she will be doing so with a tighter fiscal straitjacket than any of ...
View articleAccountants urged to monitor fiscal impact amid rising debt concerns Read More...
View articleTo fund this sustainably, the top one percent of high-value properties, such as large warehouses used by online giants will be asked to pay more to su...
View articleThe UK’s tax landscape faces its most significant overhaul in decades with the new Finance Bill potentially marking the end of non-dom tax statu...
View articleFollowing the UK Budget announcement, key figures across finance, tax, and business have responded to the Chancellor’s measures, highlighting potentia...
View article