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The European Investment Bank s 2020 Fraud Investigation Activity Report is an important compliance resource

The European Investment Bank’s Investigations Division (IG/IN) is mandated to investigate allegations of "Prohibited Conduct" involving EIB Group-financed operations and activities, or allegedly involving members of governing bodies or staff. The IG/IN team include former prosecutors a .

Investigating Prohibited Conduct

Investigating Prohibited Conduct   The European Investment Bank Group (EIB Group) has a zero tolerance of Prohibited Conduct whether occurring in connection with projects and activities financed by the EIB Group or perpetrated by its own staff. The EIB Group consists of the European Investment Bank (EIB or the Bank) and the European Investment Fund (EIF). The Fraud Investigations Division is an independent office within the EIB Group and is the sole office mandated to investigate Prohibited Conduct within EIB Group. Prohibited Conduct includes fraud, corruption, collusion, coercion, obstruction, money laundering and financing of terrorism affecting the EIB Group’s operations and activities.

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