More NewsAccountant joins row over EU funding

Accountant joins row over EU funding

EC accountant rejects criticisms of bugetary process, and says Europe's money is well accounted for

European Commission accounting officer Brian Gray has insisted the
commission’s money is managed correctly and that it is well accounted for.

Answering a stream of criticisms from Ashley Mote MEP, Gray told the European
parliament committee on budgetary control: ‘I believe we do manage the money
well and we certainly account for it well.’

Gray was speaking after Mote had unveiled a 25,000-word report into EU
accounting, detailing issues with the poor treatment of whistleblowers, issues
with opening and closing balances and so-called ‘pre-financing’ issues (where
intial payments are made from EU funds).

Mote had insisted that there was something ‘rotten’ in EU accounting. Gray
said: ‘some of the assertions made in this report to reduce the credibility of
the accounts are completely wrong.’

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