Author: Syedur Rahman 27 April 2022
Rahman Ravelli discuss various aspects of the European Investment Bank’s (EIB) activities with its senior investigator, Mohamed El Maini.
They wrote an article based on the interview, which has just been published by the European Financial Review.
In it, Mr El Maini explains the emphasis that is placed on a corporate’s willingness to learn from its past misconduct. He emphasises that a previous debarment will not automatically prevent a corporate from bidding for work on EIB-funded projects, although not properly disclosing past debarments can provide grounds for exclusion.
The piece by Rahman Ravelli detail how the EIB cooperates with the national jurisdictions of EU member states and how the bank expects to work in the future with the European Anti-Fraud Office (OLAF) and the recently implemented European Public Prosecutor’s Office (EPPO).
It also outlines a variety of other issues, including the functions of the EIB and its special status as the European Union’s financing arm.
Rahman Ravelli's article can be read on European Financial Review.
Syedur Rahman is known for his in-depth experience of serious fraud, white-collar crime and serious crime cases, as well as his expertise in worldwide asset tracing and recovery, international arbitration, civil recovery, cryptocurrency and high-stakes commercial disputes.