BETA

Activities of Joachim KUHS related to 2022/2062(INI)

Shadow opinions (1)

OPINION on the financial activities of the European Investment Bank – annual report 2022
2023/04/27
Committee: BUDG
Dossiers: 2022/2062(INI)
Documents: PDF(148 KB) DOC(53 KB)
Authors: [{'name': 'David CORMAND', 'mepid': 197503}]

Amendments (7)

Amendment 34 #
Draft opinion
Paragraph 5
5. Reiterates itStresses that if the Parliament's call to work only with clients and financial intermediaries that have credible decarbonisation plans; opposes the exemptions granted under the Paris Alignment for Counterparties (PATH) framework in support of REPowerEU; calls for a halt to fossil fuel financing deemed credible is accepted, there will inevitably be additional costs for European citizens, at a time in which they are already facing the consequences of an unprecedented increase in energy prices;
2023/04/03
Committee: BUDG
Amendment 57 #
Draft opinion
Paragraph 7
7. Is concerned that the EIB has, at least once, failed to conduct a full inquiry into allegations of bribery and misuse of funds involving a financial intermediary outside the EU; calls on the EIB to reopen all such cases and to disclose annually the rate of recovery of funds lent in the event of proven fraud;
2023/04/03
Committee: BUDG
Amendment 58 #
Draft opinion
Paragraph 7
7. Is concerned that the EIB has, at least once, failed to conduct a full inquiry into allegations of bribery and misuse of funds involving a financial intermediary outside the EU; calls on the EIB to reopen all such cases and to freeze projects where credible suspicions of lawbreaking are raised;
2023/04/03
Committee: BUDG
Amendment 59 #
Draft opinion
Paragraph 7 a (new)
7 a. Is concerned about the accusation of the EIB failing to properly investigate allegations of the fraudulent use of 48 million euros of its funds by now bankrupt Kenyan construction company Spencon1a; regrets the decision of the EIB to not examine a whistle-blower's data case despite acknowledging evidence of possible embezzlement; is concerned about OLAF´s reluctance to analyse the evidence, citing insufficient grounds to investigate; _________________ 1a https://www.ft.com/content/cdda4973- 3957-45c2-b3ff-dc80218323de
2023/04/03
Committee: BUDG
Amendment 60 #
Draft opinion
Paragraph 7 a (new)
7 a. Notes with concern the continued increase in administrative overheads, which is mainly due to the rise in staff related costs; calls on the EIB to exercise cost discipline and to preserve the flexibility and efficiency of its management structure;
2023/04/03
Committee: BUDG
Amendment 62 #
Draft opinion
Paragraph 7 b (new)
7 b. Calls on the EIB to reopen the fraud case against ECP Africa, to explain how it botched the initial investigation and to look into significant new evidence supporting this, which was not reviewed as part of the initial investigation;
2023/04/03
Committee: BUDG
Amendment 69 #
Draft opinion
Paragraph 9
9. Is concerned that the transparency 9. and harm prevention of EIB intermediated investments have fallen behind other public financial institutions, rating only fair on the 2022 Aid Transparency Index3; recalls that the EIB’s 2021 Transparency Policy runs counter to the presumption of disclosure; urges the EIB to swiftly implement the European Ombudsman’s recommendations of 21 April 20224.; calls for the timely publication of the minutes of the EIB's Broad of Directors; _________________ 3 Publish What You Fund, 2022 Aid Transparency Index, 2022. 4 Decisions of the European Ombudsman of 21 April 2022 in Cases 1065/2020/PB, 1251/2020/PB and 1252/2020/PB.
2023/04/03
Committee: BUDG