Ex-EIB Employees Under Probe for Corruption and Misappropriation

Two former employees of the European Investment Bank (EIB) are being investigated for corruption and abuse of influence. The European Public Prosecutor’s Office has lifted the immunity of these employees, and the EIB has agreed to cooperate fully with the ongoing investigation but cannot comment further.

Two former employees of the European Investment Bank are under investigation suspected of corruption and abuse of influence, as well as the misappropriation of European Union funds, the bloc's public prosecutor's office said on Monday.

"The European Investment Bank (EIB) has accepted the request of the European Public Prosecutor's Office (EPPO) to lift the immunity of two of its former employees, as well as the inviolability of its premises, buildings and archives in Luxembourg," the EPPO said in statement.

A spokesperson for the EU bank said: "We will cooperate fully with the European Public Prosecutor's Office on this matter as required," but that it could not comment on ongoing external investigations.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)