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Wednesday, November 22, 2017 

French bank declares fatwa against Front National

In a disturbing move, the bank where Marine Le Pen's Front National party keeps their accounts decided to close them, in what clearly amounts to a politicized act:
Marine Le Pen, head of France’s right-wing National Front, said Wednesday that the party’s long-time bank, Societe Generale, has closed its accounts in what she said amounts to a “banking fatwa” to suffocate the party.

Le Pen claimed at a news conference Wednesday that the move is purely political and endangers the democratic process. She said a legal complaint would be filed against Societe Generale, one of France’s largest banks, as well as against HSBC, her personal bank, which also allegedly shut her out.

Societe Generale denied in a statement that the closing of National Front accounts was political, saying such moves “depend purely on banking reasons.” It gave no reason for the closing of the party account and related accounts.

[...] The National Front was able to reopen an old account at Credit du Nord bank, a subsidiary of Societe Generale. However, it is deprived of check books, members and supporters are unable to pay dues or donations on the party site and it cannot make automatic withdrawals, such as to pay officials, Le Pen said.

Such measures have upset “the normal functioning of a party …,” Le Pen said. “We are in the presence of an attempted suffocation of an opposition movement.”
Isn't it strange. When her loathsome father Jean-Marie was running the party, they evidently didn't have a problem. But now when his daughter takes over, they suddenly have one? There's doubtless something they know about the father that we don't.

By taking these steps, they make it pretty obvious it's all part of a political act, and somebody's got to do something to make it clear to the Societe Generale that they owe an apology and should stop what they're doing, because it's not going to help at all.

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