Skip to comments.Stolen EU funds in the billions, top official says (so they now need a EU prosecutor)
Posted on 09/18/2013 9:06:56 PM PDT by Olog-hai
The annual theft of EU funds is around 500 million, but a top European Commission official says the figure is likely in the billions.
We have reasons to believe that the real figure is closer to billions than to millions, Françoise Le Bail, who heads the commissions justice directorate-general, told the European Parliaments civil liberties committee on Wednesday (18 September).
Le Bail, along with OLAF boss Giovanni Kessler, spoke to MEPs to set out their case for tracking down those who steal EU money by setting up a new European Public Prosecutors Office (EPPO).
The EU-wide prosecutor would be mandated to investigate fraud of EU finances, although the Lisbon Treaty says the offices power could be expanded at a later date.
(Excerpt) Read more at euobserver.com ...
How can they know what’s stolen if they never have had an official audit?
They would be more effective setting up and audit committee...:^)
All about creating a crisis to impose their solution.
That always works for statists and imperialists.
UNaccountable bureaucrats are socialists. Socialism Is Legal Plunder - Bastiat
It just goes to show you that government, (Any Government), no matter how altruistic it started out always ends up being the abode of the ‘best’ thieves. Why do I say thieves? Because Government by it’s very nature doesn’t produce jack squat it governs and it wants to control everything about those it is supposed to govern.
The end result of course is that governments always end up as drags on their citizens/subjects and their economies. It’s the way humans are and our creations of social structures are the same. It’s the biggest reason why we eventually overthrow our governments and try to re-institute a replacement (altruistic) one. And the process goes round and round.