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Macron’s Embattled Minister Ferrand to Resign, Lead En Marche in Parliament

© REUTERS / Gonzalo FuentesRichard Ferrand, General Secretary of the political movement En Marche !, or Onwards !, leaves the campaign headquarters of French President Elect Emmanuel Macron after results in the second round vote of the 2017 French presidential elections, in Paris, France, May 7, 2017.
Richard Ferrand, General Secretary of the political movement En Marche !, or Onwards !, leaves the campaign headquarters of French President Elect Emmanuel Macron after results in the second round vote of the 2017 French presidential elections, in Paris, France, May 7, 2017. - Sputnik International
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The French minister of territorial cohesion will resign to lead President Emmanuel Macron’s now ruling La Republique En Marche party in the National Assembly, local media reported on Monday.

People walk past campaign posters of Emmanuel Macron (L), head of the political movement En Marche! (Onwards!), and Marine Le Pen (R), French National Front (FN) political party leader, two of the eleven candidates who run in the 2017 French presidential election, are seen in Paris, France, April 10, 2017 - Sputnik International
Macron's La Republique En Marche Secures Absolute Victory in Parliament Vote
PARIS (Sputnik) — Richard Ferrand, the French minister of territorial cohesion who is currently under investigation over his activities as the head of a non-profit company several years ago, will leave the government to lead President Emmanuel Macron’s now ruling La Republique en Marche (Republic on the move, REM) party in the National Assembly, local media reported on Monday.

Earlier in June, the French prosecution opened a preliminary investigation into the case of Ferrand over the minister's activities as the head of a non-profit health insurance company in the Brittany region six years ago. In particular, Ferrand’s partner and ex-wife were reportedly able to win contracts from the fund while Ferrand was its head. Ferrand’s partner also rented office space out for the fund, later securing a business loan with the help of rental income from the organization.

Macron’s administration had repeatedly rejected speculations of the minister's possible resignation in connection to the ongoing investigation.

The president's party came out on top in the second round of the general election on Sunday, receiving 308 seats in the parliament. REM's ally, the Democratic Movement (MoDem), won 42 seats.

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