Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-10-Speech-4-360-500"
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"en.20120510.69.4-360-500"2
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"Fraud is an example of purposeful wrongdoing and is a criminal offence, while an irregularity is a failure to comply with a rule. It must therefore be heavily penalised to limit it as much as possible. I deplore the fact that in 2010, reports of irregularities increased in all sectors, with the exception of pre-accession funds and traditional own resources. The report states that in 2010, the financial impact of irregularities in the area of expenditure rose and amounted to EUR 1.8 billion. This means that funds are still being misspent and mismanaged, so measures must be taken to hold Member States more accountable for irregularities and to improve the prevention and detection thereof. These are worrying facts which require urgent and effective corrective and punitive action, including immediately suspending payments in cases of fraud and applying effective sanctions in cases of misuse of EU funds."@en1
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