French prosecutor studying EU anti-fraud agency report on Le Pen

French prosecutor studying EU anti-fraud agency report on Le Pen


Marine Le Pen is challenging Emmanuel Macron in a presidential election with opinion polls showing Macron edging ahead in next Sunday’s second round runoff.

Nicolas Kovarik | IP3 | Getty Images

French prosecutors said on Sunday they are examining a report by the European Union’s anti-fraud agency accusing far-right presidential candidate Marine Le Pen and members of her party of misappropriating thousands of euros’ worth of EU funds.

Le Pen is challenging Emmanuel Macron in a presidential election with opinion polls showing Macron edging ahead in next Sunday’s second round runoff.

The Paris prosecutor’s office confirmed that it was studying a report it received from the EU anti-fraud agency OLAF on March 11.

Investigative website Mediapart wrote on Saturday that the OLAF report claimed Le Pen had misappropriated 140,000 euros of public money with party members in total diverting 617,000 euros. None are accused of profiting directly, but of claiming EU funds for staff and event expenses.

Le Pen’s office could not immediately be reached for comment.

“The French will not be fooled by attempts of the European Union and the European institutions (…) to interfere in the presidential campaign and harm Marine Le Pen,” National Rally president Jordan Bardella told Europe 1 radio.

He said his party had filed two legal complaints against OLAF, and that it would be filing a third in response to the report.

Speaking to BFM TV, Le Pen’s lawyer Rodolphe Bosselut said his client denied the charges. He said she had yet to be questioned and neither he nor Le Pen had seen the OLAF report.

Le Pen has been under investigation since 2017 as part of a probe into the alleged misuse of European Union funds to pay parliamentary assistants.



Source

Novo Nordisk shares tumble 18% as CEO warns it will get worse before it gets better
World

Novo Nordisk shares tumble 18% as CEO warns it will get worse before it gets better

Just as Novo Nordisk showed signs of a recovery, another cold shower hit investors as the drugmaker surprise pre-released its 2026 forecast late Tuesday, sending shares tumbling.  Novo Nordisk’s stock plummeted 18% in Copenhagen early Wednesday, tracking losses seen in its American depositary shares on Tuesday and more than wiping out gains seen so far […]

Read More
CNBC’s The China Connection newsletter: For Chinese businesses, it’s not about which AI is the smartest
World

CNBC’s The China Connection newsletter: For Chinese businesses, it’s not about which AI is the smartest

This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Will the U.S. or China win the artificial intelligence race? That’s the big question for investors wondering where they should put their money. But frequently, […]

Read More
UBS beats expectations with .2 billion fourth-quarter profit, plans  billion buyback
World

UBS beats expectations with $1.2 billion fourth-quarter profit, plans $3 billion buyback

Fabrice Coffrini | AFP | Getty Images UBS announced plans for a $3 billion buyback Wednesday and posted fourth-quarter profits that beat analysts’ forecasts. The Swiss banking giant said it aims to buyback at least $3 billion of shares in 2026, adding that it aims to do more. Net profit attributable to shareholders rose 56% […]

Read More