France’s cash-strapped far right turns to Russian lender

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The French far right’s cosiness with Vladimir Putin’s Russia is back in the spotlight as Marine Le Pen’s party confirms it borrowed nine million euros from a Russian lender, saying “no one else will give us a cent”.



France’s far-right National Front (FN) said Sunday it had borrowed the money from Moscow-based First Czech Russian Bank (FRCB), confirming a report by the investigative news website Mediapart.


The party treasurer Wallerand de Saint-Just told France Info radio a deal was signed with the Russian lender in September.
Saint-Just said the party had received a first installment of two million euros.


“We have been looking for loans for some time, to fund our election campaigns. But our bank, like most French and European lenders, categorically refuses to give the FN and FN candidates the slightest cent,” he said.


Saint-Just has expressed similar concerns in the past, saying banks were reluctant to lend money to political parties since former president Nicolas Sarkozy was fined 500,000 euros for undisclosed expenses in his failed 2012 presidential bid.




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Europe - France’s cash-strapped far right turns to Russian lender - France 24