About the fraud investigations team

• Pages: 6-6

62018 FRAUD INVESTIGATIONS ACTIVITY REPORT

ABOUT THE FRAUD

INVESTIGATIONS TEAM

The Fraud Investigations Division (IG/IN) provides the EIB

Group with the capacity to professionally and objectively

investigate allegations of prohibited conduct involving

EIB Group-f‌inanced activities (and/or members of govern-

ing bodies or staf‌f) and to provide the Bank’s departments

with relevant facts and recommendations to form the ba-

sis for appropriate follow-up action.

IG/IN is the only of‌f‌ice within the EIB Group mandated

to conduct investigations into allegations of prohibited

conduct as def‌ined in the Bank’s and the EIF’s Anti-Fraud

Policies, including fraud, corruption, collusion, coercion,

obstruction, terrorist f‌inancing and money laundering.

While investigations make up the core of IG/IN’s work, the

Division is also responsible for:

• referring cases to the European Anti-Fraud Office

(OLAF) in accordance with the Administrative Coopera-

tion Arrangement signed between the Bank and O LAF,

in which IG/IN is the sole point of contact with OLAF;

• referr ing evidence to national authorities to initiate

criminal investigations;

• presenting evidence of prohibited conduct to initiate

action under the Bank’s Exclusion Policy;

• leading negotiated settlement discussions with entities

that have engaged in prohibited conduct;

• conducting Proactive Integrity Reviews (PIRs) in areas of

increased risk and sharing lessons learned from reviews

and investigations in order to improve the effectiveness

and efficiency of the EIB Group’s operations and

activities;

• providing professional investigative support to the EIB’s

Office of the Chief Compliance Off icer, the Personnel

Directorate and the President’s Office, as and when

required, for matters requiring investigation and foren -

sic expertise;

• contributing to increased awareness among EIB G roup

staff members about prohibited conduct;

• advising EIB Group departments on integrity-related

contractual requirements, policies and procedures;

• strengthening cooperation across borders with other

entities in the joint fight against fraud, corruption and

other forms of prohibited conduct.

KEY POLICIES AND DOCUMENTS

• The IG/IN Cha rter sets out the scope of work, authority and core principles of IG/IN .

• The EIB Group Investigation Procedures set out the methodology and procedures for conducting investigations

under IG/IN’s mandate.

• The EIB Anti-Fraud Policy and EI F Anti-Fraud Policy provide details of the EIB Group’s policy on preventing and

deterring prohibited conduct.

• The EIB Exclusion Policy sets out the procedures for the e xclusion of entities and individuals found to have engaged in

prohibited conduct.