Monthly allowances for office supplies to Members of the European Parliament were used to invest in the tobacco and weapons industries. It has been reported EUObserver.
According to the publication, the system is linked to the European Parliament’s voluntary retirement programme. In order to receive a pension, Members of the European Parliament had to contribute to the fund for two years.
Their share was deducted from a monthly office allowance of several thousand euros, and then the financial managers of the AP pension program bought tens of thousands of shares in the US arms industry, which produces cluster munitions, which was banned by an international agreement signed by EU countries. .
In the past, Raytheon, Honeywell International and Textron Inc. and that the EP voluntary retirement program invests in all three businesses.
In October reportedUkrainian representatives insisted that foreign partners send them so-called advanced dual-use munitions (DPICM), a variant of cluster munitions that is prohibited from exporting to the United States.
At the end of November, US Secretary of State Anthony Blinken announced that the North Atlantic Alliance leadership was considering investing in Soviet-era weapons systems used by Ukraine.