EIB should strengthen anti-corruption measures, NGO argues

European Investment Bank EIB building from their media gallery 230x150.jpg
By Jean Comte
19 Nov 2019

A report published on Tuesday by Counter Balance, an NGO, calls on the European Investment Bank to reinforce its internal anti-corruption mechanisms, and to be brought under the scope of EU rules such as the Anti-Money Laundering Directive.

The EIB "is not up to the task in tackling fraud and corruption" and that "creates risks to the use of public funds" according to Counter Balance, which monitors public investment banks.

In a report published on Tuesday, the NGO scrutinises several cases that have become public in ...

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