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Court of Auditors

Court of Auditors (Photo: Court of Auditors)

Set up in Luxembourg in 1977 to audit the EU finances. Composed of one member from each Member State and appointed by a qualified majority under the Treaty of Nice.

The Court publishes a substantial report, which has made increasingly stronger complaints about fraud and mal-administration within the EU. Since 1994, the Court of Auditors has refused to accept the validity of the underlying transactions in EU.

Commission bookkeeping has also been criticised by the auditors and by whistleblower Marta Andreasen.

Notes

The chair is former Spanish Christian Democrat MEP Juan Manuel Fabra Vallés.

Links

See Andreasen regarding the EU accounts and Censure and Buitenen regarding the events leading to the fall of the EU Commission on the 15^th March 1999.
http://www.eca.eu.int/