Bankwatch

Archives for corruption

A new Bankwatch study reveals a worrying track record of criminal and corrupt activities among the companies that are building Europe’s flagship gas pipeline project, the Southern Gas Corridor. by Sven Haertig-Tokarz, cross-posted from the Bankwatch blog. The Southern Gas Corridor, a 3,500 kilometre system of pipelines meant to bring gas from Azerbaijan into Europe,… » read more

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Repression against civil society is on the rise, as the latest alarming case from Montenegro shows. by Mark Fodor, cross-posted from the Bankwatch blog MANS, the Network for the Affirmation of the Non-governmental Sector, has for years been one of the most active and fearless NGOs in Montenegro, uncovering the numerous corruption scandals that plague… » read more

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New cases of arbitrary repression against civil society happened in the run-up to the presidential elections in Egypt. A look at the loans so far approved by the European Bank for Reconstruction and Development suggests that those in power have been more successful in receiving the bank’s support. by Kuba Gogolewski, cross-posted from the Bankwatch… » read more

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It’s not that easy to pull off a celebratory mood this 1st of May, even though on this date we mark the anniversary of 10 years since most of central and eastern Europe joined the European Union. by Claudia Ciobanu, cross-posted from the Bankwatch blog Europe’s coming out of the economic crisis is murky, far-right… » read more

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The manipulation of a tender for a metro line extension in Prague – financially supported via EU funds and the European Investment Bank (EIB) has not only resulted in a huge EU funds fine, but also raises questions about the EIB’s ability to identify and avoid mismanagement in the infrastructure projects it finances. by Petr… » read more

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Land expropriation and corruption have been two recurring themes at the Kolubara mine. This week’s arrests indicate that they are closely connected. by Zvezdan Kalmar, cross-posted from the Bankwatch blog Recent developments in Serbia forebode gloomy times for the country’s energy company EPS. After the European Bank for Reconstruction and Development’s confirmation on Friday that… » read more

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The current review of the European Investment Bank’s mandate for lending outside of the EU brings some of the pitfalls of the bank’s development lending to the fore and offers a chance for improvements. by Xavier Sol, cross-posted from the Counter Balance blog “The European Investment Bank is not a development bank, it is an… » read more

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The news circulated yesterday that Mikhail Beketov, a Russian journalist who campaigned against corrupt practices in connection to the planned highway construction through Khimki Forest, has died. This guest post by Mikhail Matveev and Ivan Smirnov, fellow Khimki activists, tells Beketov’s story. posted on the Bankwatch blog by Mikhail Matveev and Ivan Smirnov, Khimki forest… » read more

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Disappointed by loan disbursements to one of the dirtiest coal projects in Europe, almost 100 organisations have called on two public lenders to not repeat the same mistakes, ever. Guest post on the Bankwatch blog by Barbara Kvac, Climate campaigner for Focus, Slovenia In the beginning of March, the European Investment Bank and the European… » read more

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In an unambiguous letter Members of the European Parliament have reminded the European Investment Bank of the economic and environmental risks that the Sostanj lignite power plant project poses for Europe and Slovenia. posted on the Bankwatch blog by Anelia Stefanova, Bankwatch Campaigns Director Members of the European Parliament have called upon the European Investment… » read more

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