Activities of Nedzhmi ALI related to 2018/2151(INI)
Plenary speeches (1)
Annual report on the control of the financial activities of the European Investment Bank for 2017 (debate)
Shadow reports (1)
REPORT on the Annual Report 2017 on the control of the financial activities of the EIB PDF (488 KB) DOC (68 KB)
Amendments (5)
Amendment 21 #
Motion for a resolution
Paragraph 17
Paragraph 17
17. Takes note of the reported results of 26 completed projects in 2017 outside the EU to which the assessment through results measurement framework (REM) for external interventions allows appraisal of results not only as expected, but as achieved; observes, however, that concerning activities inside the EU, information is presented exclusivemostly on the potential impact and expected results of the new operations signed in 2017 based on the three pillar assessment (3PA) tool; reiterates its call on the Bank to include information about results achieved by completed projects inside the EU and to adapt 3PA if necessary for this purpose;
Amendment 26 #
Motion for a resolution
Paragraph 26
Paragraph 26
26. Notes that the indicative geographical concentration limits set by the EFSI Steering Board requiring at the end of the investment period, the share of IIW investment (in terms of signed operations) in any three Member States together not to exceed 45% of the total EFSI portfolio has not been respected given that by 31 December 2017 the three Member States with the highest volume of signatures (France, Italy and Spain) accounted for roughly 47% of the volume signed; strongly believes there is still room forbut acknowledges recent relative improvement for broadening EFSI territorial distribution of funds while disseminating as well more widely its investment opportunities;
Amendment 30 #
Motion for a resolution
Paragraph 32
Paragraph 32
32. Asks the EIB, in this regard, to seriously take into consideration this recommendation and to ensure clear division of responsibilities at the level of the Management Committee; expects progress to be reported for 2018welcomes the initiated reform to alter the governance structure of the EIB;
Amendment 40 #
Motion for a resolution
Paragraph 39
Paragraph 39
39. Welcomes the adoption of the Interim Approach to the EIB policy towards weakly regulated, non-transparent and uncooperative jurisdictions (NCJ), adopted by the Board of Directors in January 2017, but expects that it should lead to theacknowledges the current revisionew of this policy in order to ameliorate the EIB’s tax due diligence in its external lending alongside the revised EIB group AML-CFT framework; calls on the EIB to perform adequate corporate and integrity due diligence to identifying the true beneficial owners of all of its clients and operations as well as ultimate investee companies when EIB investments into equity funds are at stake;
Amendment 48 #
Motion for a resolution
Paragraph 45
Paragraph 45
45. Recalls the need to provide for more stringent rules on conflicts of interest and for clear, strict and transparent criteria to prevent any form of influence or lack of objectivity in the mechanism of attribution of loans; reiteratacknowledges that the EIB musthas begun discussions to revise its Code of Conduct as soon as possible in order to make sure that its Vice- Presidents are not in charge of operations in their home Member States, since this poses a risk to the independence of the institution; calls on the EIB, in order to better prevent conflicts of interest in its governing bodies and potential ‘revolving door’ issues, to take into consideration the Ombudsman’s recommendations and to revise its Code of Conduct;