Detection of prohibited conduct

• Author: European Investment Bank
• Pages: 24-28

24 2019 FRAUD INVESTIGATIONS ACTIVITY REPORT

DETECTION OF PROHIBITED

CONDUCT

21

PIRs launched

€25m

of early prepayments triggered by

findings from seven PIRs

40

Loans totalling €2.5 billion covered by PIRs

63

Specific recommendations made to

EIB services

3

Top executives from two borrowers charged

with corruption as a result of national law

enforcement action subsequent to PIRs

Extensive fraud and integrity risk

intelligence gathered

Successful advancement from ad-hoc

to system-based and data-driven risk

assessment of all ongoing EIB loans and

projects

10 YEARS OF PROACTIVE INTEGRITY REVIEWS (PIRS)

AT THE EIB