French Watchdog Stays Tightlipped Over Macron’s Alleged Undeclared Funds

‘Reports about Macron’s alleged undeclared assets emerged in 2016 when the French satirical weekly Canard Enchaîné revealed he had reportedly handed a false declaration to the French High Authority for transparency in public life (HATVP). In February 2017, Serge Grass, chair of the Union of Taxpaying Civilians, presidential candidate Paul Mumbach and leader of the Franche-Comté movement Jean-Philippe Allenbach initiated an inquiry into the discrepancies in Macron’s financial documents and sent a corresponding complaint to HATVP.
The complaint drew attention to the sharp decline in Macron’s financial holdings over past years. Between 2010 and 2013, the former investment banker and Minister of Economy earned over 3 million euros ($3.2 million). In 2014, however, when he assumed government office, Macron declared only 156,000 euros. In accordance with his 2016 financial disclosure, his net worth totaled as little as 63,000 euros.’
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