Abstract painting of subject, generated by DALL-E 2

More political funding from Gordon's Investment Bank

13 Apr 2009 - Bruno Prior

It is not clear how these projects meet the EIB's objectives, but very clear how they meet the Government's political objectives. How much money is being laundered through the EIB to bail out the Government's favourite projects and corporate friends?

It seems I am not the first to notice that the EIB is being used primarily to bail out projects favoured by its shareholder-governments, most of which have little relevance to the supposed objectives of the bank. See CounterBalance and CorporateWatch.

Organisations: EUUK No. 10

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