Today, prosecutors for the European Union (EU) looking into financial crimes are investigating the former head of the European Investment Bank (EIB), Werner Hoyer. According to a report in Politico, the European Public Prosecutors Office (EPPO) is investigating Hoyer and another individual for allegations that they misappropriated EU funds and abused their power in office—police in Germany and Luxembourg, where the EIB have been working jointly on the investigation.  According to a report in Euronews, the EIB has 250 billion Euros in capital that funds climate change projects and the future reconstruction of Ukraine.  It is unclear what Hoyer’s future is, but the former head of the investment bank that serves the EU is never a good look.