'Tycoon gave France's Fillon undeclared 50,000 euro loan'

Embattled French presidential hopeful Francois Fillon received an interest-free, undeclared loan of 50,000 euros (USD 53,000) from a billionaire friend in 2013, according to the Canard Enchaine weekly.

Fillon did not report the loan to a state transparency watchdog, the weekly said in its edition to appear tomorrow, adding that Fillon's lawyer told the paper the loan had been repaid.