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HSBC closes Marine Le Pen bank account HSBC closes Marine Le Pen bank account
(2 months later)
French far-right leader says she and Front National are victims of ‘banking fatwa’ after Société Générale closes party’s accounts
Angelique Chrisafis in Paris and
Jill Treanor
Wed 22 Nov 2017 12.33 GMT
Last modified on Mon 27 Nov 2017 13.22 GMT
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Marine Le Pen, the leader of France’s Front National, has claimed that she and her party are victims of a “banking fatwa” after HSBC closed a bank account she had had for 25 years.Marine Le Pen, the leader of France’s Front National, has claimed that she and her party are victims of a “banking fatwa” after HSBC closed a bank account she had had for 25 years.
The move by Britain’s biggest bank comes amid heightened scrutiny of political accounts and the day after Société Générale, France’s second-largest bank, asked the far-right party to close all its accounts after a 30-year relationship.The move by Britain’s biggest bank comes amid heightened scrutiny of political accounts and the day after Société Générale, France’s second-largest bank, asked the far-right party to close all its accounts after a 30-year relationship.
Le Pen told a press conference on Wednesday that HSBC had “driven me out”.Le Pen told a press conference on Wednesday that HSBC had “driven me out”.
She said the closure of her and the party’s accounts amounted to a “banking fatwa” against the Front National, which has said it will sue both banks for discrimination.She said the closure of her and the party’s accounts amounted to a “banking fatwa” against the Front National, which has said it will sue both banks for discrimination.
Le Pen said the closures were a political decision designed to “stop the Front National taking part in democratic life and to cause the conditions of its ruin and collapse”.Le Pen said the closures were a political decision designed to “stop the Front National taking part in democratic life and to cause the conditions of its ruin and collapse”.
Banks were trying to “silence the voices” of the almost 11 million people who voted for her in May in the final round of the French presidential election, which she lost to the centrist newcomer Emmanuel Macron.Banks were trying to “silence the voices” of the almost 11 million people who voted for her in May in the final round of the French presidential election, which she lost to the centrist newcomer Emmanuel Macron.
“Financial oligarchs are trying to stifle the opposition and interfere in the course of French democracy,” she said. “Will the opposition in France be forced into banking exile? What would become of France’s reputation if that happens?”“Financial oligarchs are trying to stifle the opposition and interfere in the course of French democracy,” she said. “Will the opposition in France be forced into banking exile? What would become of France’s reputation if that happens?”
La persécution bancaire devient personnelle : M. Vandeville, patron de la HSBC, me chasse de la banque dont je suis cliente depuis 25 ans.Je diffuserai l’enregistrement de la conversation lors de ma conférence de presse à 11h30. MLPLa persécution bancaire devient personnelle : M. Vandeville, patron de la HSBC, me chasse de la banque dont je suis cliente depuis 25 ans.Je diffuserai l’enregistrement de la conversation lors de ma conférence de presse à 11h30. MLP
HSBC has been criticised for closing the accounts of small business customers and charities. In September, small businesses in the UK – ranging from an avocado importer to marketing and design companies – complained their accounts had been shut by the bank without notice.HSBC has been criticised for closing the accounts of small business customers and charities. In September, small businesses in the UK – ranging from an avocado importer to marketing and design companies – complained their accounts had been shut by the bank without notice.
The banks have not made public their reasons for closing the Front National and Le Pen accounts.The banks have not made public their reasons for closing the Front National and Le Pen accounts.
HSBC said it could not comment on individuals. SocGen issued a statement saying its decisions on opening and closing accounts were based only on banking issues, and a respect of banking rules, “without any political consideration”.HSBC said it could not comment on individuals. SocGen issued a statement saying its decisions on opening and closing accounts were based only on banking issues, and a respect of banking rules, “without any political consideration”.
Réaction conférence de presse Front National. Les décisions du Groupe Société Générale en matière d'ouverture et fermeture de compte sont de nature exclusivement bancaire dans le respect des exigences réglementaires, sans aucune considération politique. https://t.co/LMKDkIcNZTRéaction conférence de presse Front National. Les décisions du Groupe Société Générale en matière d'ouverture et fermeture de compte sont de nature exclusivement bancaire dans le respect des exigences réglementaires, sans aucune considération politique. https://t.co/LMKDkIcNZT
Marine Le Pen
The far right
France
Europe
HSBC
Banking
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