Luxury pension for MEPs remains mired in secrecy
Aug 1, 2023 22:31:28 GMT
Vinny and bancroft like this
Post by buccaneer on Aug 1, 2023 22:31:28 GMT
From the EUObserver:
The European Parliament won't disclose recent investments made in a luxury pension scheme for MEPs — despite transparency demands made by the EU's administrative watchdog, the European Ombudsman.
Such investments have in the past spanned the weapons, tobacco, and fossils fuel industries, as well as corporate assets placed in blacklisted EU tax havens.
When asked if similar unethical investments are still being made today, the European Parliament says it doesn't know.
"I'm afraid that given that parliament does not hold the kind of list requested, parliament cannot provide such a list," said a European Parliament spokeswoman.
This comes despite several of its current vice-presidents having signed up to the controversial scheme, while at the same time sitting on the fund's board headquartered at the European Parliament's premises in Luxembourg.
euobserver.com/eu-political/157316
Same old EU. Dodgy deals, schemes and investments undertaken behind closed doors at the taxpayers expense.
And the European ombudsman position seems a tokenistic gesture towards democracy and accountability as he or she only ever seems to be stonewalled by the technocrats.
The European Parliament won't disclose recent investments made in a luxury pension scheme for MEPs — despite transparency demands made by the EU's administrative watchdog, the European Ombudsman.
Such investments have in the past spanned the weapons, tobacco, and fossils fuel industries, as well as corporate assets placed in blacklisted EU tax havens.
When asked if similar unethical investments are still being made today, the European Parliament says it doesn't know.
"I'm afraid that given that parliament does not hold the kind of list requested, parliament cannot provide such a list," said a European Parliament spokeswoman.
This comes despite several of its current vice-presidents having signed up to the controversial scheme, while at the same time sitting on the fund's board headquartered at the European Parliament's premises in Luxembourg.
euobserver.com/eu-political/157316
Same old EU. Dodgy deals, schemes and investments undertaken behind closed doors at the taxpayers expense.
And the European ombudsman position seems a tokenistic gesture towards democracy and accountability as he or she only ever seems to be stonewalled by the technocrats.