Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-07-05-Speech-3-014"

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"en.20000705.1.3-014"2
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"Mr President, I wanted to bring up an issue which should be of great concern to this Parliament, and in particular to Members of the Committee on Economic and Monetary Affairs and the Committee on Budgetary Control. A serious abuse of European law and the Statute of the European Investment Bank is taking place in my own country. Member States are not authorised under EC law to propose or nominate their own nationals directly to the Board of Governors for the position of Vice-President of the EIB, and to do so is a clear violation of the Statute of the European Investment Bank. The task of making the nominations and appointment is reserved exclusively to a Board of Directors of the Bank, which is a quite separate body. The situation in Ireland is quite contrary to this principle. The Irish government have, in contravention of the law, nominated a person who not only has no experience of economic or financial affairs, but is furthermore a disgraced supreme court judge who was forced to resign before he was impeached by the Irish parliament. This issue is now before the courts in Ireland. This is an extremely important matter for this Parliament, which is concerned because the European Union provides Guarantee Funds to the EIB. Parliament must take notice of this, because if we allow Member States to contravene the law in this way it has serious implications for the European Union as a whole. I would ask the President if he could instruct the Committee on Economic and Monetary Affairs and the Committee on Budgetary Control to look into this issue, because it should be dealt with very quickly. It could set a very bad precedent for the future for other Member States and for nominations to this body."@en1
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