As with all public budgets, the EU's budget is also at risk of maladministration. Every year, the Court of Auditors reports on the management of the budget. The introduction of transparency and a double-entry book-keeping system is likely to improve budget management.[1]
In order to strengthen the means of fraud prevention, the Commission established the European Anti-Fraud Office (OLAF - Office Européen de Lutte Anti-Fraude) by EC, ECSC Decision 1999/352.[2] The Office was given responsibility for conducting administrative anti-fraud investigations by having conferred on it a special independent status.
The Court of Auditors checks that all the Union's revenue has been received and all its expenditure incurred in a lawful and regular manner and that the EU budget has been managed soundly. The Court was established on 22 July 1975 by the Budgetary Treaty of 1975. The Court started operating as an external Community audit body in October 1977.
At present, the meetings of the Council of Ministers (the relevant Minister from each member state) are mostly public, a webcast on the sessions can be seen on the website of the Council.[3] What goes on behind the scenes will, of course, never be televised.
Also, the standard of plenary sittings of the European Parliament is to stream the debates over the Internet.[4] In addition, the public can observe sittings directly from a separate gallery. Also, nearly all sittings of Parliamentary Committees are observable by the public,[5] except for certain matters such as requests for removal of the parliamentary immunity of a Member of the European Parliament.
In addition, the activities of the European Commission are subject to transparency. The monitoring of the Commission has to be performed by a body that is independent of the Commission, such as "European Anti-Fraud Office" (OLAF) that reports to the European Parliament.[6]
de:Korruption in der Europäischen Union es:Oficina Europea de Lucha contra el Fraude