Bank of scandals: toxic culture of favouritism exposed at the European Investment Bank

The most important bank of the European Union is plagued by scandals. A Follow the Money investigation reveals how in the top management layers of the European Investment Bank a toxic culture of favouritism flourished during the reign of President Werner Hoyer. Several of his confidants are said to have been instrumental in covering up alleged cases of harassment and misuse of taxpayer money. This comes as the bank is expected to expand its influence over the coming up years.

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