Figures released by EU anti-fraud investigators OLAF are doubtless just the tip of the iceberg of the vast sums lost to fraud, said local UKIP MEP Jonathan Arnott today.
“These shocking figures show that Romania, Hungary and Bulgaria are the worst countries for such illegal behaviour and I’m glad to say that the UK is at the bottom of the list.
“The EU Commission’s financial control is useless and tens of billions of pounds are lost through mis-management and dishonesty,” said Mr Arnott, who sits on the parliament’s Budgetary Control Committee.
“This lack of control makes it much easier for fraudsters to get their sticky fingers on the money – a staggering £55million a day of which comes from the UK.
“OLAF relies on co-operation from the member states. I think we can see that some countries, particularly in Eastern Europe, are, to say the least, lax with their financial safeguards and open to exploitation.
“Every day we find more and more reasons why we urgently need a referendum so we can escape the tentacles of the EU and get back our sovereignty and keep our taxpayers money in our own country.”