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Here’s what he says about getting loans from foreign state-owned companies

Vox admitted to financing last year’s general and municipal election campaigns with separate loans for a total amount of 9.2 million granted by the Hungarian bank Magyar Bankholding (MBH), the second largest in the country and whose majority shareholder is believed to be the far-right government of Viktor Orbán.

This is something that could conflict with the Political Party Financing Act, which states that a party cannot accept any form of funding from companies linked to foreign governments.

Questioned by LaSexta, Vox denies that this loan be a form of financing. “This article refers to contributions. It is not a contribution, it is a credit,” says Pepa Millán, spokesperson for Vox in Congress.

But the law for lawyers makes no difference. ““Loans finance operations.”. Any form of economic income used to finance the activities of a party,” explains Judge Joaquim Bosch.

However, Pepa Millán insists that “this article It applies to contributions and is a credit. It is therefore governed by the organic law of the general electoral system.”

Claims that experts reject. Magistrate Ignacio González assures that the law focuses on “everything relating to the way in which political parties can carry out their activity”, stressing that “everything is provided for by the law on the financing of political parties”.

In the text of the law, we can read that contributions to parties are prohibited foreign persons or entities. In the same vein as the Court of Auditors. When asked about this, he tells us that they are still analyzing the financing of this campaign, but insists on these restrictions when it comes to obtaining this money.

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