EIB: EU Prosecutor investigates former president Hoyer for corruption | EUROtoday

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ServiceEuropean Investment Bank

Immunity faraway from him and one other particular person. The lawyer: absurd

The European Investment Bank has accepted the request of the European Public Prosecutor's Office (EPPO) to elevate the immunity of two of its former workers, in addition to the inviolability of its premises, buildings and archives in Luxembourg. The request was made as a part of an ongoing investigation involving two people suspected of corruption and abuse of affect, in addition to misappropriation of European funds. Former EIB president Werner Hoyer is beneath investigation for corruption, abuse of affect and misappropriation of European funds. His lawyer indicated that the article of the investigation is the compensation paid to an outgoing EIB worker on the idea of an settlement signed by Hoyer himself. It is the previous president of the EIB (German economist) himself who requested to not profit from immunity. The accusations are outlined by his lawyer as 'absurd and unfounded'. The revocation of immunity, says the EPP, will 'enable' the gathering of all the required proof, both in favor or exculpatory, to shed full mild on what occurred. details beneath investigation. All individuals involved are presumed harmless till confirmed responsible within the competent courts.'

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