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Tuesday, October 9, 2012

EBRD should not invest in Polish energy company suspected of corruption, say European NGOs

The European Bank for Reconstruction and Development is considering participating in a EUR 772 million loan for a subsidiary of major Polish energy group ENEA, whose management is currently being investigated by authorities because of alleged irregularities in management and misuse of public funds. More on CEE BankWatch ENEA S.A. is a Global Compact participant since 2011/06/03.

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