Jan
01
Le Pen to Finance French Race With Father’s Fund as Banks Balk
By
Marine Le Pen
Photographer: Marlene Awaad/Bloomberg
National Front leader Marine Le Pen will borrow 6 million euros ($6.3 million) from her father Jean-Marie Le Pen’s political fund, Cotelec, to fund her presidential race as French banks refuse to loan money to the far-right party.
Cotelec must finance the National Front’s campaigns, party Vice President Florian Philippot said in an interview Sunday with French radio Europe 1. “The fundamental issue is that the French banks refuse to lend and choose candidates for the presidential election they finance and the ones they don’t,” he said…
Le Pen to Finance French Race With Father’s Fund as Banks Balk
