The money laundering scandals in the banking sector in the euro zone are accumulating. Yesterday, the European Central Bank (ECB) withdrew the licence from the Estonian Versobank because of serious breaches of anti-money laundering rules. Only a month ago, the Latvian ABLV Bank was closed after allegations of money laundering following warnings by US authorities. […]
Slovakia: MEPs send letter to European Anti-Fraud Office to investigate fraudulent use of EU agricultural subisidies alleged by murdered Ján Kuciak
Brussels, 14 March 2018 To: Mr Nicholas Ilett, Acting Director General, European Anti-Fraud Office Subject: Investigation into alleged EU funds and agriculture subsidies frauds in Slovakia Dear Mr. Ilett, We are writing to request that the European Anti-Fraud Office start an immediate investigation into alleged fraud and mismanagement in the spending of EU funds […]
Greens present rigorous questionnaire on Selmayr appointment for investigation by the budget-control committee
Bart Staes and Sven Giegold, on behalf of the Greens/EFA Group, just submitted their catalogue of questions on the appointment of Martin Selmayr as Secretary-General of the European Commission. Bart Staes is Green Chairman of the Budget Control Committee that is in charge of this investigation. MEP Sven Giegold, European Parliament rapporteur for transparency, accountability […]
New Special Committee TAX3: Expert inquiry
Dear friends, dear experts, The new Special Committee on Financial Crimes, Tax Evasion and Tax Avoidance will meet next Thursday for the first time. It is now the fourth separate committee dealing with this topic in the European Parliament. We have thus increased public pressure and given the issue a stage in Parliament. This time […]
Ethics of the EU Commission: Goldman Sachs lobbyist José Manuel Barroso must be strictly scrutinised
Today, EU Ombudswoman Emily O’ Reilly published her recommendations to the EU-Commission to reopen the revolving door case of José Manuel Barroso. The former President of the Commission is currently employee of Goldman Sachs. He committed not to lobby the EU Commission, of which he is the former President, during a first review of his […]
Latvian money laundering scandal: Greens call for supervisory and legislative consequences
The Greens in the European Parliament have sent a series of written questions to the European Central Bank, the Single Resolution Mechanism, the European Banking Authority and the European Commission. The questions follow the failure of the Latvian bank ABLV some weeks ago. The information on the bank’s financial crime had to be uncovered by […]