Europe 1 with AFP 5:01 p.m., May 01, 2022

In the urgency of financing the reimbursement of her presidential campaign, Valérie Pécresse has already collected nearly 2.5 million donations, according to the president of the party Les Républicains (LR) Christian Jacob.

He assures that the candidate's call for donations was "understood by many French people".

Valérie Pécresse collected "about 2.5 million donations" to fill the five million hole left by her defeat in the presidential election, said Sunday Christian Jacob, the president of the Les Républicains (LR) party.

"The party will provide eight million euros for a campaign that had cost 15 million," said Christian Jacob, judging that this call for donations from the candidate had been "understood by many French people".

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Campaign financing: Pécresse calls for "urgent help"

The ex-candidate LR had relaunched this call on Monday, invoking "those who share (his) convictions" but also those who, "for fear of extremes have chosen the useful vote from the first round".

Valérie Pécresse had collected only 4.78% of the votes in the first round of the presidential election, under the 5% necessary to obtain a reimbursement of her campaign expenses for which she was "personally indebted to the tune of five million euros. euro". 

A heritage of 9.7 million euros

According to data published in early March by the High Authority for the Transparency of Public Life (HATVP), his assets amounted to 9.7 million euros at the start of the campaign.

Among these assets were nearly 6.5 million euros in life insurance, retirement savings plan, stock options, shares, current accounts and various savings products shared with her husband, an executive at General Electric.

Christian Jacob returned to this aspect on Sunday, stressing that the stock options constituting "her husband's retirement" are part of this heritage.

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