Russian loan: the National Rally repaid the 6 million euros it owed to Aviazapchast

by time news

2023-09-19 17:36:40

It’s one less burden for the National Rally. The party announced this Tuesday that it had repaid its entire loan to the Russian company Aviazapchast, which had been taken out by the party with a Czech-Russian bank, which then fell into the hands of a completely Russian bank. The RN thus reimbursed the remaining more than six million euros, according to a press release published by the deputy for Moselle and treasurer of the party, Kevin Pfeffer.

“Despite a final deadline scheduled for December 20, 2028, it is with an anticipation of 60 months that the National Rally honored the repayment of the ground of its loan for an amount of 6,088,784 euros”, indicates the treasurer of the National Rally in his press release.

“This early repayment was made possible by the policy of savings, restructuring of its services, renegotiation of its contracts carried out for several years by the RN, by the results of the legislative elections of June 2022 and the concomitant increase in the subsidy annual meeting of the State at the National Gathering”. Thanks to the arrival in June 2022 of almost 90 deputies at the Palais-Bourbon, the National Rally had thus “won more than” 10 million euros in public funding after its results.

A refusal from European banks

In its press release, the National Rally specifies “that this loan had been taken out (in 2014) to finance its political activities and to ensure its participation in the elections” in the face of “the refusals of all European banks, first and foremost the French banks. to grant him a loan at that time.” After the bankruptcy of the Czech-Russian bank, the First Czech-Russian Bank, with which the RN had initially signed, the debt was assigned to a Russian car rental company, Conti, then resold in 2019 to Aviazapchast, a firm managed by former Russian soldiers and specialized in spare parts for aircraft.

As we wrote last June, Kévin Pfeffer had set himself the objective of getting rid of this Russian loan. “We were supposed to finish repaying in 2028 but I am doing everything to finish it this year because it is a political argument used against us by our adversaries,” justified the elected official from Moselle.

During the last presidential campaign, against the backdrop of the war in Ukraine, Marine Le Pen was attacked several times regarding this loan. During the debate between the two rounds of the 2022 presidential election, two months after the invasion of Ukraine, President Emmanuel Macron estimated that Marine Le Pen was speaking “to (her) banker when she talks about Russia “.

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