Yet again the eurosceptics raise the old chestnut of the EU Court of Auditors stating that "93.5% of the EU's accounts are subject to fraud and corruption" - a piece of eurosceptic nonsense which, through repetition, has become increasingly believed by many people.
In fact, if you look at the reports of the Court of Auditors then you will see that every year since 1994, which was the first year it had to produce such a statement, it found that the accounts are reliable, the revenues have been handled in a legal and regular way and the spending commitments are legal and in order. They also found no evidence of fraud anywhere in the budget.
Where, then, are the problems? They lie in spending handled by member states – not by the European Commission itself. This amounts to more than 80% of the budget and it is the responsibility of individual countries such as Britain. It is at that level - not at EU level - that there have been mistakes.
If anyone wishes to verify for themselves what the Court of Auditors have said they can visit its website.