Fillon Faces Loan Revelation

Fillon Faces Loan RevelationFillon Faces Loan Revelation

Scandal-plagued French presidential hopeful, Francois Fillon, was hit by a new revelation on Tuesday, this time over an interest-free, undeclared loan he received from a billionaire friend.

The conservative candidate "did not deem it necessary" to report the $53,000 loan he received from Marc Ladreit de Lacharriere in 2013 to a state transparency watchdog, the Canard Enchaine weekly said in its edition to appear on Wednesday, AFP reported.

"The 'oversight' may be costly for the presidential candidate," said the investigative and satirical newspaper, which also made the allegations in January about the fake jobs scandal that has threatened to derail Fillon's candidacy.

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