The leader of the far-right in France is running into a big problem with her upcoming Presidential election campaign: she can’t raise the money for it.
Marine Le Pen told Bloomberg News today:
“The fact that the banks won’t lend to us, playing a political role, poses a real problem for democracy,” she said. “It’s the banks who decide who can run and who can’t.”
Its a sad day indeed when banks don’t want to lend money to neo-fascists.
Le Pen is already facing an investigation from EU officials for fraud and is being asked to return money she was paid.
On top of that, an earlier €9 million loan from a Russian bank is in jeopardy after the bank had its licence revoked. The Russian Bank Deposit Insurance Agency is demanding repayment of the €9m borrowed from First Czech-Russian Bank.
We are having fun watching the French far-right run into trouble