French prosecutors probe alleged illegal election financing
2 years ago

French prosecutors probe alleged illegal election financing

Associated Press  

PARIS — French national financial prosecutors said Thursday they have opened an investigation into suspected illegal financing of electoral campaigns in 2017 and 2022. Prosecutors said in a written statement they wanted to bring clarifications following press reports, in an apparent reference to newspaper Le Parisien reporting earlier in the day on an alleged investigation regarding Macron’s 2017 campaign and its links to U.S. consulting company McKinsey & Company. The prosecutors’ statement, without citing Macron or his party, said a judicial inquiry was opened Oct. 20 about alleged “inconsistent campaign accounts” and “reduction of accounting items” in relation with consulting companies operating during electoral campaigns of 2017 and 2022. The company said at the time that it “respects French tax rules that apply to it.” That investigation was opened two weeks after a report by the French Senate said McKinsey had not paid corporate profit taxes in the country since at least 2011.

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