In a special supplement to La Voix du Luxembourg of April/May 2003 devoted to the European institutions within the Grand Duchy, the President of the European Court of Auditors, Juan Manuel Fabra Vallés, gives an interview to the newspaper La Voix du Luxembourg. Commenting on the audit task incumbent on the institution, he seeks to remove the confusion between fraud and irregularity and to dismiss the cliché of wasteful management of Community funds.