► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />The Financial Times, in collaboration with the Bureau of Investigative Journalism, has for the first time traced how the European Union distributes billions through its structural funds, revealing a trail of undetected waste, missed opportunity and even fraud.<br /><br />FT's Cynthia O'Murchu explains how the story was uncovered.<br /><br />► FT Business: http://bit.ly/1KUK08s<br /><br />► FT World News: http://bit.ly/1Exp0iJ<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
