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The European Investment Bank building in Luxembourg (Photo: European Investment Bank)

EU investment bank rejects MEPs' plea for VW fraud report

The European Investment Bank (EIB) has refused to release a report about how it was misled into lending money to Volkswagen Group, despite a request from MEPs to publish it.

On Friday (2 March) the EIB replied to an access to documents request from EUobserver, filed in January, about an investigation into a €400m loan to VW in 2009.

When applying for the loan, the German carmaker had withheld from the...

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