insurance industry

François Fillon and his conflict of interest over insurance giant AXA

France — Chronicle

On February 6th the beleaguered right-wing presidential candidate was forced to admit that the major insurance firm AXA was a client of his consultancy firm 2F Conseil. Between 2012 and 2014 the group paid 200,000 euros to Fillon, who was a Member of Parliament at the time. The money was apparently paid to the former prime minister because he could “open doors in Brussels and Berlin” as new European Union insurance regulations were being implemented. Mediapart's Martine Orange argues that the affair is a clear example of conflict of interest.