Activities of Cristian Dan PREDA related to 2013/0152(COD)
Plenary speeches (1)
EU guarantee to EIB against losses under financing operations supporting investment projects outside the Union (debate)
Amendments (4)
Amendment 37 #
Proposal for a decision
Recital 26
Recital 26
(26) The EIB should take appropriate measures ensuring that, when financing operations subject to the EU guarantee, the financial interests of the European Union are protected by the application of preventive measures against fraud, corruption, money laundering and any other illegal activities and that OLAF is entitled to conduct on- the-spot checks and Inspections in the premises of the beneficiaries. The disbursement of loans should be suspended until OLAF investigations findings become available and, where illegal activities are proven, the EIB should assist recovery efforts for misused funds.
Amendment 39 #
Proposal for a decision
Article 3 – paragraph 2
Article 3 – paragraph 2
2. EIB financing operations carried out under this Decision shall contribute to the general principles guiding Union external action, as referred to in Article 21 TEU and shall contribute to the implementation of international environmental agreements to which the Union is a party. The EIB governing bodies are encouraged to take the necessary measures to adapt the bank's business model, including its resources, local presence and link with beneficiaries, to ensure effectiveness in supporting the EU external policies and to adequately meet the requirements set out in this Decision.
Amendment 46 #
Proposal for a decision
Article 16 – paragraph 1
Article 16 – paragraph 1
1. The EIB shall inform OLAF immediately when, at any stage of the preparation, implementation or closure of projects subject to the EU guarantee, it detects a potential case of fraud, corruption, money laundering or other illegal activity that may affect the financial interests of the EU.
Amendment 47 #
Proposal for a decision
Article 16 – paragraph 2
Article 16 – paragraph 2
2. OLAF may carry out investigations, including on-the-spot checks and inspections, in accordance with the provisions and procedures laid down in Regulation (EC) No 1073/1999, Regulation (Euratom, EC) No 2185/96 and Regulation (EC, Euratom) No 2988/95 in order to protect the financial interests of the European Union, with a view to establishing whether there has been fraud, corruption, money laundering or any other illegal activity affecting the financial Interests of the Union in connection with any financing operations. The disbursement of loans should be suspended pending the results of the OLAF investigation. In the event that such an illegal act is proven, the EIB should assist asset recovery efforts.