LPF to raise EUR 40,000 for re-launch

13th August 2004, Comments 0 comments

13 August 2004, AMSTERDAM — Lijst Pim Fortuyn (LPF) hopes to get members of its parliamentary faction to provide EUR 40,000 to re-launch the party. Earlier this week the LPF became the first Dutch political party to file for bankruptcy.

13 August 2004

AMSTERDAM — Lijst Pim Fortuyn (LPF) hopes to get members of its parliamentary faction to provide EUR 40,000 to re-launch the party. Earlier this week the LPF became the first Dutch political party to file for bankruptcy.

LPF party leader Matt Herben told radio programme De Ochtenden on Friday morning that the party owed EUR 250,000. This debt will be wiped out when the party is declared bankrupt. Herben said the plan was that the party's eight MPs would come together and provide EUR 40,000 in starting capital.

Property tycoons Ed Maas and Chris Thunnessen lent the party money to fight the 2002 and 2003 general elections. Attempts to transfer the loans into gifts have fallen foul of the tax office's regulations.

Herben also he could not rule out the possibility the party would have to re-launch itself under a new name. The LPF is named after its founder Pim Fortuyn who was shot and killed nine days before the general election on 15 May 2002.

Apart from its money troubles, the re-launch will be used to get rid of some "troublemakers", Herben said. Members will have to re-register with the re-launched party.

Since it triumphed and won 26 parliamentary seats in the 2002 election, the LPF has suffered from severe factionalism and has expelled members on several occasions, including sitting MPs and its one-time party leader Harry Wijnschenk.

[Copyright Expatica News 2004]

Subject: Dutch news

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