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Arbitration declared bankrupt, the Bank that issued 9 million Euro credit party of Le Pen

Арбитраж признал банкротом банк, выдавший 9 млн евро кредита партии Ле Пен

The Moscow arbitration court declared bankrupt the First Czech-Russian Bank (pcrb), known for lending to French far-right party “national front” headed marine Le Pen.

According to the Agency for Deposit insurance, which has become bankruptcy Trustee, a decision declaring financial institutions insolvent was made on September 15.

In March, the Bank has limited the issuance of deposits. At the end of the month, the Central Bank of Russia introduced a temporary administration pcrb, and in July revoked the license, explaining it by default law of banking activities and the reduction of its own funds to less than 2%. In July, the Central Bank has submitted the claim about recognition PCPB bankrupt.

NetFront in late 2014 we agreed with the First Czech-Russian Bank on a loan of 9 million euros after Le Pen said that French banks refuse to lend her party. As a result, the nationalists were forced to turn to other countries. Western media reported that the deal with pcrb “raises questions about the origin of the money, and also about the foreign influence on French political life.”

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