Monument to fraud
I believe the reason is the same as always — more than half of the transactions examined by the auditors revealed evidence of fraud.
To make matters worse, the EU accounting system (if we may call it a system) uses no recognised accounting method, not even the simplest double entry method.
Perhaps Taoiseach Brian Cowen can explain why are we still supporting this monument to ineptitude and hookery?
Cal Hyland
4 Closheen Lane
Rosscarbery
Co Cork
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