EU auditors question Balkans projects
EU auditors have raised serious questions over the administration of its own reconstruction projects in the Balkans.
EU auditors have raised serious questions over the administration of its own reconstruction projects in the Balkans.
Link: Auditors find ‘weaknesses’ in EU accounts
The European Union’s auditors have raised serious questions over the administration of its own reconstruction projects in the Balkans.
A report to be discussed by the European parliament later today claims that a fifth of the contracts signed by the European Agency for Reconstruction in 2003 have ‘anomalies’ – another blow to the Union’s reputation for financial management.
According to the Financial Times, the Court of Auditors’ report, questions Euros 21.4m (£14.94m) of spending in 2003 and says that one in five contracts examined was plagued by ‘procedural anomalies’ that may have favoured certain bidders.
It added that the accounts ‘do not present a true and fair view of the agency’s actual economic and financial situation’.
German prosecutors are already investigating allegations that companies bribed an EAR employee to win a Euros 49.8m (£34.8m) tender in 2002.
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