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  Report Waste, Fraud & Abuse

1- 888-OIG-EXIM (1-888-644-3946)
By E-mail: IGhotline@exim.gov

To learn more on how to detect fraudulent export deals, see Red Flags for Ex-Im Bank Transactions (PDF iconOIG-Ex-Im-Red-Flags-of-Fraud-Checklist.pdf).

 

What's New

Audit Report – September 26, 2018
Audit of the Export-Import Bank’s Medium-Term Early Problem Credits (OIG-AR-18-06)*

Inspection Report – September 26, 2018
Inspection of EXIM’s 2014 Transaction with Kenya Airways (OIG-INS-18-01)*

Special Report – September 26, 2018
Risk Assessment of Export-Import Bank’s Purchase Card Program

Inspections and Evaluations Peer Review – September 25, 2018
External Peer Review Report on the Export-Import Bank of the United States Office of Inspector General Inspection and Evaluation Organization

Audit Report – May, 2018
Independent Auditors' Report on Export-Import Bank's FY 2017 Payment Integrity Annual Reporting Compliance with Improper Payment (OIG-AR-18-05)

Audit Report – March 8, 2018
Independent Audit of Export-Import Bank's Information Security Program Effectiveness for FY 2017 (OIG-AR-18-04)

Audit Report – February 26, 2018
Fiscal Year 2017 Financial Statement Audit Management Letter

Operations Plan – January 19, 2018
Operations Plan in the Absence of Current Year Appropriation – January 19, 2018

Audit Report – December 14, 2017
Audit of the Export-Import Bank of the United States Fiscal Year 2017 Financial Statements

Semiannual Report to Congress
OIG Semiannual Report (Apr 1, 2017 – Sep 30, 2017)

Audit Report – November 8, 2017
Independent Auditors Report on Export-Import Bank's DATA Act Submission

Evaluation Report – Sept 29, 2017
Report on EXIM Bank's Local Cost Policy and Procedures

Special Report – Sept 29, 2017
Risk Assessment of Export-Import Bank's Purchase Card Program

Audit Report – Sept 29, 2017
Audit of the Export-Import Bank's Disbursement Processes

Investigations Peer Review – Sep 11, 2017
Report on the Quality Assessment Review of the Investigative Operations of the Office of Inspector General for the Export-Import Bank of the U.S.

Audit Peer Review – Sep 8, 2017
External Peer Review Report on the Export-Import Bank of the United States Office of Inspector General Audit Organization

Evaluation Report - Aug 30, 2017
Report on Transportation Portfolio Management Division's Risk Rating Process

Press Release – August 28, 2017
Lima man charged with falsely overstating assets to bank

Semiannual Report to Congress
OIG Semiannual Report (Oct 1, 2016 - Mar 31, 2017)

Evaluation Report - May 11, 2017
Report on EXIM Bank's Compliance with the Improper Payments Laws for Fiscal Year 2016 Reporting

Evaluation Report - Mar 30, 2017
Report on EXIM Bank's Credit Guarantee Facility Program

Evaluation Report - Mar 30, 2017
Report on EXIM Bank's Activities in Preparation for and During its Lapse in Authorization

Audit Report - Mar 15, 2017
Independent Audit of Export-Import Bank's Information Security Program for Fiscal Year 2016

Audit Report - Mar 6, 2017
Fiscal Year 2016 - Financial Statement Audit - Management Letter

Evaluation Report - Dec 2, 2016
Evaluation of Risk Management Procedures and Chief Risk Officer Responsibilities

Archive

Ex-Im Bank Office of Inspector General

  • Promotes economy, efficiency and effectiveness in Ex-Im Bank programs and supporting operations;
  • Conducts and supervises audits, investigations, inspections and reviews relating to Ex-Im Bank's export credit insurance, guaranty and loan programs and supporting operations;
  • Detects and prevents fraud, waste and abuse;
  • Reviews existing and proposed legislation and regulations and makes appropriate recommendations; and
  • Keeps the Chairman and Congress informed of serious problems and recommends corrective actions and implementation measures.

The OIG also carries out other significant statutory responsibilities and Government-wide mandates in areas such as management, financial reporting, information security and privacy. The Ex-Im Bank Inspector General is a member of the Council of the Inspectors General on Integrity and Efficiency (CIGIE).

Inspector General (IG) Act Overview

In brief, the IG Act of 1978 grants the OIG administrative authority to:

  • Receive full access to all records and materials available to Ex-Im Bank;
  • Determine which audits, investigations, inspections and reviews are necessary and issue appropriate reports;
  • Issue subpoenas for non-Federal records and take oaths;
  • Receive complaints and reports of fraud, waste and abuse from employees and the public, protect confidentiality of sources and, when necessary, refer matters to the United States Attorney General;
  • Hire employees, experts and consultants and procure necessary equipment and services;
  • Obtain assistance from other agencies, including Federal, State and local governments;
  • Communicate directly with Congress;
  • Deliver semiannual reports to Congress reporting on the activities of the OIG, including the response of management to recommendations made by the OIG and
  • Enter into contracts.

Other Authority

The Government Corporations Control Act of 1990 provides that the financial statements of Ex-Im Bank, as a government corporation, shall be audited by the Inspector General or by an independent external auditor, as determined by the Inspector General.

Independence

The Inspector General is appointed by the President, with the advice and consent of the Senate, without regard to political affiliation and solely on the basis of integrity and demonstrated ability. The Inspector General may only be removed by the President, who is required to provide notice to Congress. The Inspector General is under the general supervision of the Chairman, but that authority applies only to general matters of administration and does not include authority for the Chairman or any other officer, director or employee of Ex-Im Bank to supervise or interfere in any audit, investigation or oversight matter undertaken by the OIG. The OIG budget is submitted by the OIG independently from that of Ex-Im Bank and is subject to separate appropriation by Congress.

The complexity of the management and policy issues facing Ex-Im Bank will sometimes result in disagreement between the OIG and management regarding the extent of a problem and the nature of recommended corrective actions. In these instances, the OIG will seek to maintain a productive and professional relationship with Ex-Im Bank's management and to continue to work effectively to address the challenges facing Ex-Im Bank.

OIG System of Record Notice (SORN)

The information in the system of records will be used by the Ex-Im Bank OIG to conduct criminal, civil, and administrative investigations, and will contain identifying information about potential subjects, sources, and other individuals related to these investigations.

Ex-Im Bank EIB-35-Office of Inspector General Investigative Records published in the Federal Register on May 7, 2012. ([[{"attributes":{},"fields":{}}]])

Privacy Impact Statement: Ex-Im Bank Office of Inspector General Information System (IGIS):

EIB-35-Office of Inspector General Investigative Records ([[{"attributes":{},"fields":{}}]])

RELEVANT REFERENCES