The Japan Times - French far right says Russian loan repaid

EUR -
AED 4.061239
AFN 70.774285
ALL 90.674324
AMD 400.588378
ANG 1.979985
AOA 1014.065922
ARS 1708.818725
AUD 1.627461
AWG 1.992192
AZN 1.879823
BAM 1.955229
BBD 2.233478
BDT 137.929696
BGN 1.9559
BHD 0.418387
BIF 3352.91121
BMD 1.105852
BND 1.425122
BOB 12.980207
BRL 6.24054
BSD 1.108886
BTN 104.234956
BWP 15.384644
BYN 3.340924
BYR 21674.696468
BZD 2.230279
CAD 1.577039
CDF 2560.046784
CHF 0.924354
CLF 0.027949
CLP 1099.98486
CNY 7.37675
CNH 7.377757
COP 3668.807308
CRC 500.66502
CUC 1.105852
CUP 26.614223
CVE 110.234284
CZK 24.380825
DJF 197.474975
DKK 7.475371
DOP 67.280948
DZD 151.457624
EGP 59.092272
ERN 16.587778
ETB 181.067828
FJD 2.515094
FKP 0.835271
GBP 0.836107
GEL 2.864315
GGP 0.835271
GHS 12.985206
GIP 0.835271
GMD 81.832691
GNF 9825.217834
GTQ 8.473639
GYD 232.002207
HKD 8.675264
HNL 29.819556
HRK 7.534784
HTG 145.301483
HUF 365.491779
IDR 20145.248052
ILS 3.540329
IMP 0.835271
INR 104.187335
IQD 1681.139161
IRR 2116047.535497
ISK 136.616819
JEP 0.835271
JMD 175.668668
JOD 0.784015
JPY 176.996042
KES 143.716444
KGS 96.705527
KHR 4569.78864
KMF 493.210208
KPW 995.266721
KRW 1476.417309
KWD 0.34434
KYD 0.924147
KZT 492.534985
LAK 24954.70802
LBP 99304.282436
LKR 368.772242
LRD 188.517471
LSL 18.550659
LTL 3.265293
LVL 0.668919
LYD 7.151007
MAD 10.922908
MDL 20.227089
MGA 5061.52098
MKD 61.54566
MMK 2322.178184
MNT 3985.580384
MOP 8.959244
MRU 44.869968
MUR 52.660715
MVR 17.041092
MWK 1920.864311
MXN 20.579351
MYR 4.518954
MZN 70.674713
NAD 18.53394
NGN 1486.587678
NIO 40.808444
NOK 10.583743
NPR 166.774775
NZD 1.995747
OMR 0.425205
PAB 1.108976
PEN 3.780995
PGK 5.058613
PHP 70.551412
PKR 306.648568
PLN 4.405067
PYG 6874.084575
QAR 4.042474
RON 5.346681
RSD 117.602261
RUB 91.561274
RWF 1638.121327
SAR 4.174609
SBD 8.954413
SCR 15.490166
SDG 665.172606
SEK 11.089316
SGD 1.423286
SHP 0.828633
SLE 25.323544
SLL 23189.184907
SOS 633.101178
SRD 41.473866
STD 22888.900808
STN 24.493286
SVC 9.70334
SYP 14378.286141
SZL 18.534317
THB 37.444695
TJS 10.229949
TMT 3.88154
TND 3.33797
TOP 2.662625
TRY 55.680198
TTD 7.532935
TWD 36.35543
TZS 2940.298651
UAH 50.390575
UGX 4563.666457
USD 1.105852
UYU 44.947069
UZS 13274.121188
VES 995.809091
VND 28391.087743
VUV 133.070168
WST 3.0907
XAF 655.957
XAG 0.022146
XAU 0.000283734004
XCD 2.98862
XCG 1.998552
XDR 0.781895
XOF 655.957
XPF 119.331742
YER 261.535134
ZAR 18.548679
ZMK 9953.992832
ZMW 22.649689
ZWL 356.083848
SSP 6575.959858
MXV 2.311087
  • RYCEF

    0.1000

    19.81

    +0.5%

  • VOD

    -0.2500

    16.33

    -1.53%

  • CMSC

    -0.2800

    20.12

    -1.39%

  • RBGPF

    -2.0000

    65

    -3.08%

  • RIO

    -0.2500

    94.16

    -0.27%

  • BTI

    -1.2000

    54.85

    -2.19%

  • NGG

    -0.3000

    74.94

    -0.4%

  • GSK

    -0.3500

    49.35

    -0.71%

  • BCE

    -0.4200

    20.14

    -2.09%

  • CMSD

    -0.3400

    19.93

    -1.71%

  • BP

    -0.9100

    43.52

    -2.09%

  • RELX

    0.1700

    33.24

    +0.51%

  • BCC

    -0.6200

    75.97

    -0.82%

  • AZN

    -1.9400

    164.21

    -1.18%

  • JRI

    0.0000

    10.77

    0%

French far right says Russian loan repaid
French far right says Russian loan repaid / Photo: Mikhail KLIMENTYEV - SPUTNIK/AFP/File

French far right says Russian loan repaid

France's far-right National Rally (RN) party said it has repaid a loan originally from a Czech-Russian bank that political opponents argued demonstrated its ties to the Kremlin.

Text size:

The remaining money -- 6.1 million of the original 9.4 million euros ($10 million at today's rates) -- was paid back "in advance" to the Russian firm Aviazapchast, which had bought the debt, the party said in a statement Tuesday.

RN officials hope that getting out from under the debt can end attacks like President Emmanuel Macron's last year, when he accused their candidate Marine Le Pen of being "dependent on the Russian regime" and President Vladimir Putin during an election debate.

Le Pen is "talking to her banker when she talks to Russia," Macron said at the time.

The loan "is used as an argument by my opponents, in my opinion unfairly, and I don't plan on giving my opponents any arguments," RN chief Jordan Bardella told daily Le Monde.

- 'Natural candidate' for 2027 -

Winning dozens of seats in parliamentary elections following Macron's re-election has given the RN access to millions more in public funding, allowing it to repay the Russian debt before the 2028 deadline.

Its announcement of the repayment came the day after Le Pen said she was the party's "natural candidate" to run for president again in 2027, when Macron will have reached his two-term limit.

The loan, originally from the First Czech-Russian Bank (FCBR), kept the party afloat from 2014, when it claimed French lenders were refusing to extend credit.

Later bought by a Russian car rental firm after FCBR went bust, the debt ended up with Aviazapchast, an aircraft components firm owned by former Russian soldiers.

The RN last year opened a parliamentary inquiry into foreign interference in French politics, in a bid to clear itself of allegations it was acting in Russia's interest.

"If (the loan) had committed me to anything at all, I wouldn't have signed up," Le Pen told the MPs.

"It was that or death" for the party because of its financial woes, she added.

But the committee's final report found that the RN was a "relay" for Russia in French politics, highlighting its "alignment" with Kremlin messaging when Moscow claimed to have annexed the Crimean peninsula from Ukraine in 2014.

The party has also opposed French aid for Ukraine since Russia's invasion last year, and did not vote when the French parliament approved bids by Finland and Sweden to join NATO.

Marine Le Pen "has given no sign of a real break with the Kremlin", public broadcaster FranceInfo commented in an editorial.

"If tomorrow she continues to take pro-Russian positions, (she) will at least prove that it's not out of self-interest, but a real political choice."

- EU fake jobs claims -

Le Pen's lawyer said Thursday that she had also paid almost 330,000 euros ($350,000) to the European Parliament, where she was accused of improperly employing two people as "assistants" while serving as an MEP.

EU fraud watchdog OLAF had said she owed 339,000 euros for paying her party chief of staff Catherine Griset and bodyguard Thierry Legier from parliamentary funds.

Le Pen had until now refused to pay, insisting that the pair did in fact work for her at the European Parliament -- prompting the assembly's finance service to dock her pay and other funding by 50 percent in her final months as an MEP in 2017, according to French news site Mediapart.

She had paid now "to avoid forced execution" of the repayment, "whose basis is still contested by my client," Le Pen's lawyer Rodolphe Bosselut said.

The move "does not in any way constitute explicit or implicit recognition of the European Parliament's claims", he added.

Le Pen, who this week said she plans to stand for president for a fourth time in 2027, is among 29 people under investigation in France over alleged fake jobs set up by MEPs from the RN.

A decision is expected soon on whether a trial will go ahead.

burs/tgb/jh/jm

H.Hayashi--JT