MEPs vote to suppress damaging expenses report

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 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

Read
story in The Independent

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

1m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In 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 resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article