Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Brentford in talks to host Shakhtar Donetsk Champions League fixtures

      Breaking news update with diverse business professionals discussing market trends in a modern conference room setting

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Brentford in talks to host Shakhtar Donetsk Champions League fixtures

      Breaking news update with diverse business professionals discussing market trends in a modern conference room setting

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      City festival with comedy and line dancing arrives in Square Mile

      Leadenhall Market vibrant during City Square Mile festival with bustling crowds and colorful decorations

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Tuesday 14 March 2017 2:27 pm

French presidential candidate Francois Fillon placed under formal investigation by French prosecutor for misuse of public funds

By: Caitlin Morrison

Add as a preferred source on Google

French presidential candidate Francois Fillon has been placed under formal investigation for misuse of public funds, the country's prosecutor has confirmed.

Fillon reportedly employed his wife Penelope, who was brought up in Abergavenny in South Wales, and paid her more than €800,000 (£682,000) for work as a parliamentary assistant which was never done. He also allegedly employed two of his children in "fake jobs".

The Republicains party candidate was hit by fresh scandals over the weekend, when it was revealed that he accepted two suits from a friend worth €13,000. French election rules set a limit of €4,600 on the donations an individual can make.

The former French prime minister denies any wrongdoing. 

The scandal has rocked his campaign: previously considered the favourite, there are now concerns that the allegations surrounding Fillon could pave the way for a Marine Le Pen victory at next month's election.

Also running against Fillon is former French economy minister Emmanuel Macron, who said earlier this year that he plans to lure banks from London to Paris in the aftermath of Brexit.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Related Topics

  • International

Trending Articles

  • Who could be Andy Burnham’s Chancellor? 

  • Reeves’ new tax charge on cash ISAs faces fierce industry backlash

  • As it happened: Stocks recover after markets rocked by tech-sell off; US claims ‘good foundations’ of Iran deal

  • Coca-Cola brings in restructuring lineup over failed Costa sale

  • As it happened: FTSE 100 finishes higher as US-Iran talks progress and Starmer resigns; Space X shares fall after bond sale

More from CityAM

  • London Tech Week was ‘complacency in conference form’

    Tech
    London Tech Week conference attendees discussing UK tech sector challenges and structural issues in a conference setting
  • Replace Reeves if Starmer goes, voters tell Labour

    Politics
    Keanu Reeves in a thoughtful pose, wearing a formal suit, looking contemplative during a business meeting or press event.
  • Ditched by clients and Australian government: What is happening down under at KPMG?

    Big Four
    KPMG Australia office building exterior with modern glass architecture and corporate signage in a bustling business district.
  • Xsolla Sponsors Game Camp France, Reinforcing Commitment to France’s Dynamic Games Ecosystem

    Business Wire
  • London Tech Week sums up everything wrong with UK tech

    Opinion
    Attendees at London Tech Week 2026 conference networking and discussing innovations in technology and business
  • Rugby needs its Premier League to step up and take control, Raine says

    Sport Business
    Breaking news event with journalists and cameras gathered, capturing a press conference in a bustling city environment
  • On this day: The death of Ronald Reagan

    Opinion
    Ronald Reagan delivering a speech at the White House podium, emphasizing leadership and political impact during his presid...
  • Jenrick vows to partly undo Reeves’ £25bn employer NICs rise – for Britons

    Politics
    UK politician Robert Jenrick announces new tax cut policy at a press conference, standing at a podium with a flag backdrop.

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies