Investigating prohibited conduct

• Author: European Investment Bank
• Pages: 12-23

12 2019 FRAUD INVESTIGATIONS ACTIVITY REPORT

INVESTIGATING PROHIBITED

CONDUCT

From the initial allegation to the closing of an investigation, the Fraud Investigations Division follows the steps and

procedures illustrated in the following chart.

INVESTIGATION LIFECYCLE: FROM ALLEGATIONS TO

REFERRALS

Allegation

received

by IG/IN

Assessment by

Case Intake and

Analysis Unit

Substantiated

Recommendations to services

Remedial measures

Suspension of disbursements

Acceleration of loan or

reallocation

Referrals to national authorities

Exclusion proceedings

Settlement agreements

Unsubstantiated

case

Prima facie non

case (outside of IG/

IN mandate)

Prima facie case

(within IG/IN

mandate, suff icient

credible

information)

Opening of

investigation by the

Investigations Unit

Closed after

assessment

Closed after

investigation