👀 Ones to watch: The MOST undervalued shares to buy right nowSee Undervalued Shares

French far-right leader Le Pen should stand trial for alleged misuse of EU funds - Prosecutor

Published 22/09/2023, 11:35
© Reuters. Marine Le Pen, member of parliament and president of the French far-right National Rally (Rassemblement National - RN) party parliamentary group, speaks during the questions to the government session at the National Assembly in Paris, France, July 4, 2023

By Juliette Jabkhiro and Elizabeth Pineau

PARIS (Reuters) -The Paris prosecutor's office said on Friday that far-right leader Marine Le Pen and 23 other members of her party should stand trial over alleged misuse of EU funds, escalating a seven-year-old probe.

The Paris prosecutor's office opened the investigation in December 2016, saying it aimed to ascertain whether the then National Front had used money destined for EU parliamentary assistants to pay staff who were working for the party.

EU lawmakers are allocated funds to cover expenses, including their assistants, but are not meant to use them for party expenses.

The prosecutor's office said some 49 assistants' situation had been examined over a period of time spanning three EU parliament terms of office, from 2004 to 2016.

It was prompted by a report from parliament, which had noticed some assistants were holding high ranking positions within Le Pen's party - now known as the Rassemblement national (RN) - which seemed irreconcilable with their full time parliamentary job.

The RN denies any wrongdoing.

"We dispute this position which seems to be an erroneous understanding of the work of opposition lawmakers and their assistants, which is above all a political one," the party told Reuters in a statement.

Le Pen faced Emmanuel Macron twice in the second round of France’s presidential elections, in 2017 and 2022, and is widely seen as a frontrunner in the next one in 2027.

© Reuters. Marine Le Pen, member of parliament and president of the French far-right National Rally (Rassemblement National - RN) party parliamentary group, speaks during the questions to the government session at the National Assembly in Paris, France, July 4, 2023. REUTERS/Stephanie Lecocq/File Photo

She faces a potential 10-year jail sentence, a one million euros fine, and - as she's an elected official - ineligibility to hold public office for 10 years, the prosecutor's office said.

Judges will have to decide whether or not to accept the prosecutor's office petition for trial.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.