Pecresse, who was unsuccessful in his presidential bid, "virtually” paid his 5 million euro debt

Christian Jacob, president of the Les Republicains, (LR), said that Valerie Pecresse "virtually” has repaid the debt of 5 millions euros she incurred in her defeat in the presidential elections.

Pecresse, who was unsuccessful in his presidential bid, "virtually” paid his 5 million euro debt

Christian Jacob, president of the Les Republicains, (LR), said that Valerie Pecresse "virtually” has repaid the debt of 5 millions euros she incurred in her defeat in the presidential elections.

Christian Jacob stated that he believes it is done. He stated that Valerie Pecresse would have "practically" reached five million euros by May 31st, the deadline for reimbursement of campaign expenses.

Philippe Mouiller (treasurer of Valerie Pecresse’s campaign), clarified Thursday that about three million euros of the total amount collected came from donations made to sympathizers. The Ile-de-France president also received "additional support" from LR, of approximately 1.7 million Euros. He estimated that he would have to miss about "300,000.00 euros" a few days prior to the deadline.

On April 11, the ex-candidate LR launched a donation appeal. He appealed to "those who share his convictions", but also to those who "for fear of extremism have chosen the useful vote in the first round". Valerie Pecresse had only received 4.78% of votes in the first round. This was less than the 5% required to get a reimbursement for her campaign expenses, which she was "personally obligated to the tune" of five million euros. euros".

His assets were 9.7 million euros as of March 1, according to data released by the High Authority for Transparency in Public Life. Nearly 6.5 million euros were invested in life insurance, retirement savings plans, stock options and shares. There was also a variety of savings products that she shared with her husband, a General Electric executive.

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