As Disobedient Media reported yesterday, documents leaked online appeared to show that French Presidential Candidate Emmanuel Macron entered into an operating agreement for a Limited Liability Company (LLC) in the Caribbean island of Nevis, and that the company may have had a business relationship with a bank which has been previously involved in tax evasion cases in the Cayman Islands.
The anonymously released PDF files purported to show corporate records of a company named La Providence LLC apparently created by Mr. Macron in Nevis, a noted offshore tax haven. La Providence is the name of Mr. Macron’s high school in his hometown of Amiens.
In April, Macron denied that he was concealing assets, hiding offshore accounts or inheritances from French authorities, even as his opponent Francois Fillion became mired in similar allegations. Le Lab cited Mr. Macron as saying that information about any alleged concealed income was a false attempt to discredit his candidacy.
If confirmed as authentic, the documents would prove these claims to be untrue and provide important clues as to where the hidden funds might be located. Since the time of the original report, the documents have gained a large amount of attention in France, which is gearing up for the second round of its presidential election this weekend.
The Wall Street Journal has reported that officials from the Financial Services Regulatory Commission of Nevis have since denied that any company by the name of La Providence was ever registered on the island, despite the fact that the Nevis Confidential Relationship Act prohibits the disclosure of this kind of information and guarantees the secrecy and privacy of offshore LLCs and their owners.
French prosecutors described the leak as “a suspected attempt to tar presidential candidate Emmanuel Macron” and have opened a probe into the origin of the leaks after Mr. Macron filed a complaint. Disobedient Media has been contacted by French authorities for information due to its report highlighting the documents’ release.
Macron has strenuously denied the authenticity of the leaks, telling France Inter radio “I have never had accounts in any tax havens whatsoever, firstly because it is not in my nature and secondly because I have always wanted to return to the public domain.” His team has further alleged that the news was being disseminated by an “obviously Russian” network, without providing any proof of this contention.
The claims of Russian meddling mirror similar accusations from 2016 presidential candidate Hillary Clinton that Russia intervened in American elections, despite statements from former CIA Director Michael Morell, James Clapper and the Office of the Director of National Intelligence all stating that such claims may not be true.