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Eric Ries sets out how mission-driven companies can endure
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بحث رعاية العمالة غير المنتظمة بين وزارة العمل و«مستقبل مصر»
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Falcons hand 49ers first defeat of NFL season, Vikings remain unbeaten
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Book examines five forces driving the next phase of Indian startups
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Readers debate YES Bank bonds, climate commitments and candidate disclosure
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Lula, Bolsonaro in virtual tie halfway through Brazil vote count
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مباحثات لتوطين إنتاج المستحضرات الدوائية بين هيئة الدواء و«إيست فارما»
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Australian politicians pay tribute to wounded lawmaker
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Antonelli looks to seal title 'in style' after US Grand Prix win
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Modi opens RBI data centre and cybersecurity training institute
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Real Madrid century 'just a detail' for Mbappe after Clasico win
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Nifty heads toward weakest Samvat of Modi era after 13% fall
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موجة بيع حادة تدفع مؤشرات البورصة المصرية إلى خسائر واسعة
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Mbappe double helps Real Madrid stun Barca in La Liga Clasico
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Disappointed Verstappen admits to wrong tyre strategy at US Grand Prix
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Antonelli wins US Grand but title triumph has to wait another week
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India trims weekly wheat auction volume despite strong miller demand
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مخطط لإقامة ثماني بؤر استيطانية جديدة في جبل الخليل
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Manchester United slump deepens as Liverpool climb with Brighton win
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Brazil braces for result of knife-edge election after voting chaos
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Reus sends Bordeaux second in Top 14 with victory at La Rochelle
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Bleems adds UFFF toys and collectibles through Kuwait partnership
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الجامعة الإسلامية تنعى ثلاثة موظفين وتدين استهداف حرمها
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Serbia's student movement ousts longtime leader in parliament poll
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Real Madrid beat Barcelona in La Liga Clasico
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Kuwait minister urges focus on investment quality and development impact
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Antonelli wins US Grand Prix to close on world title
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Descendants of British slave-owning families support reparations campaign
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اكتمال المتأهلين إلى ربع نهائي كأس الألف شهيد
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Israel plans West Bank crossing shutdown for election day
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دخول خمس شاحنات غاز إلى قطاع غزة
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Aleksandar Vucic: Serbia's veteran ruler felled by student-led movement
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Falcons hand 49ers first defeat of NFL season
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Obama attacks Trump record while campaigning in Ohio and Michigan
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Kuwait regulators broaden beneficial-owner data cooperation
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Brazil voting extended in tight race between Lula, Bolsonaro
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كفاراتسخيليا يتجه إلى الدوحة لإجراء جراحة في الركبة
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Succession pressures put Gulf family companies at a crossroads
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'Marine has to win': Le Pen supporters fear for France's future
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IMF sees regional economy shrinking 1.3% in 2026 amid Iran war
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دراسة تحذر من مخاطر إرشادات أميركية جديدة للقاح التهاب الكبد «ب» على الرضع
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QNB expands cross-border funding for AI and digital infrastructure
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الدفاعات السعودية تحبط سلسلة هجمات حوثية استهدفت مكة والمدينة
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Brazil votes in tight election as Lula slams polling obstacles
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France's Le Pen launches presidential bid vowing to restore 'rule of law'
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'I am here': Opposition leader Machado returns to Venezuela
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Qatar Charity delivers Braille Qurans to blind readers in Kosovo and Albania
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Villain intrigue: 'Clayface', Holmes doc lead N. America box office
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Houthis say attacked Riyadh airport hours after flights resume
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Bayern beat Freiburg to reclaim top spot after Kompany illness
French prosecutors search Macron's party offices
French prosecutors said Wednesday that they had searched the headquarters of President Emmanuel Macron's Renaissance party in their investigation into the use of consulting firms by the government since 2017.
The Paris offices of US consulting giant McKinsey were also searched on Tuesday, the National Financial Prosecutors' Office said, confirming a report in Le Parisien newspaper.
The use of consultants by Macron's governments came under the spotlight in March after a French Senate inquiry concluded that public spending on them had more than doubled from 2018 to 2021, during Macron's first term.
"It's normal for the judiciary to investigate freely and independently to shed all the light on this subject," a Renaissance spokesman, Loic Signor, told AFP.
He said the party remained at prosecutors' disposal "to provide all useful information on the campaigns".
McKinsey also confirmed the search of its offices, saying it was "cooperating fully with the authorities".
Two probes have been underway since October, looking into possible false election campaign accounting, as well as possible favouritism and conspiracy.
Some McKinsey consultants are known to have worked as unpaid volunteers on Macron's victorious 2017 election campaign and prosecutors are thought to be probing whether this entailed a hidden campaign expense.
They are also looking into whether the firm enjoyed special access and treatment afterwards when winning lucrative contracts with the government.
Finance Minister Bruno Le Maire acknowledged last month that there had been "excesses" with the use of consulting contracts in the past, but they had since been "corrected".
- 'McKinseygate' -
Total outlays on consulting firms reached more than a billion euros ($1.1 billion) last year, according to the Senate panel report, a figure frequently cited by Macron's opponents during his successful bid for a second term last April.
The panel also criticised fiscal strategies by McKinsey that it said allowed the US firm to pay no corporate taxes in France between 2011 and 2020.
That claim prompted the financial prosecutor's office to open a separate preliminary investigation that led to a search of McKinsey's Paris headquarters on May 24.
The prosecutors have not publicly identified the president or his campaign teams as the targets of the inquiry, of which Macron said in November that "I'm not scared of anything."
But the use of expensive foreign firms for strategic advice, dubbed "McKinseygate" by national media, shocked many French voters even as Macron has repeatedly defended the contracts.
"When you want to go very quickly and very strongly with a policy, you need to make use of outside contractors occasionally," he told reporters in March.
France's state auditor, the Cour des Comptes, has also found that several contracts for consulting firms during the Covid-19 crisis were awarded under "problematic" circumstances, Le Monde newspaper reported Monday, citing a confidential report.
France has strict rules on the financing of election campaigns and political parties, which have led to several convictions in recent decades.
Former president Nicolas Sarkozy received a one-year prison sentence in September 2021 for illegal financing of his 2012 re-election bid.
Judges concluded that Sarkozy spent nearly twice the legal limit on his doomed quest for a second term. He has appealed the ruling.
B.AbuZeid--SF-PST