EU auditors refuse to sign off more than £100 billion of its own spending

The European Union is accused of “breathtaking hypocrisy” for continuing to demand that David Cameron pays a £1.7 billion bill despite its own auditors failing to give a clean bill of health to more than £100 billion of spending by Brussels.

According to the annual report of the European Court of Auditors, seen by The Telegraph, £5.5 billion of the EU budget last year was misspent because of controls on spending that were deemed to be only “partially effective” by experts.

The audit, published this morning, found that £109 billion out of a total of £117 billion spent by the EU in 2013 was “affected by material error” .... http://www.telegraph.co.uk