A European Investment Bank exhibit at the 2013 International Transport Forum (Photo: International Transport Forum)

EU investment bank confirms secrecy of VW fraud report

The European Investment Bank (EIB) decided on Tuesday (17 April) that a report about how carmaker Volkswagen Group (VW) was able to acquire a €400m loan by deception should remain confidential in its entirety.

In a six-page letter, EIB secretary general Marjut Santoni said that he agreed with the decision of his staff to refuse EUobserve...

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