11:43 GMT23 October 2020
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    PARIS (Sputnik) - Paris prosecutors on Tuesday opened a preliminary inquiry into the campaign financing of French President Emmanuel Macron's La Republique En Marche! (LREM) party, Europe 1 reported.

    Public auditors were unable to trace back to the source the 144,000 euros ($164,000) in funds contributed to the party in 2017 and notified prosecutors about a possible violation, France’s Europe 1 radio said.

    Contributions by a single donor cannot exceed 7,500 euros per year. The publication stressed prosecutors were not looking into possible fraud or illicit financing.

    READ MORE: Commentator Says 'It's too Late' for Macron to Recapture His Popularity

    Macron was elected president in May 2017 after winning a runoff against rightwing National Front leader Marine Le Pen. He founded the centrist La Republique En Marche! party a year before the election.

    READ MORE: Macron's Popularity Slump Caused by Economic Downturn, Unemployment — Scholar

    campaign donations, probe, La Republique En Marche, Emmanuel Macron, France
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