In October 2014, after discussion with the EIB President (Werner Hoyer i.e.), Vice President Mihai Tanasescu asked to be temporarily relieved of his responsibilities as member of the Management Committee and Vice President of the EIB in order to preserve the reputation and interests of the EIB in the context of events affecting the Vice President in Romania. A leave of absence was granted starting that month. The Vice President’s leave of absence will be reviewed in the summer of 2015, EIB told ZF.
Allegations surfaced last fall about Mihai Tanasescu’s involvement in the Microsoft licensing corruption scandal in Romania along with eight other former ministers.
The gross salary for an EIB vice-president stands at more than EUR20,000 per month.
Tanasescu, 58, had previously served as finance minister and representative of Romania to the International Monetary Fund and the World Bank and his name came up among those of potential candidates for the position of prime minister or of Romania’s central bank governor. He is also one of the three Romanians part of the Trilateral Commission. EIB has granted about EUR10 billion loans in Romania over the past twenty years.(English version by Loredana Fratila-Cristescu)