Mh, quiztime again:
pick a institution with a line of business worth almost 50 billion EUR where almost half of the funds are fraudulently allocated.
the Cosa Nostra? the Yakuza? Russia (ok, that might not be far off) ? Global carpet dealers association? Airbus (ok, maybe also..) ?
Ok, again it's the EU. Agricultural subsidies account for roughly 50 billion and almost 45% of subsidy proposals seem to be flawed. Check it here . (german)
Addendum: here's more fun stuff about EU budget from Spiegel online..
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