The founder of a major French political party is facing serious scrutiny after reports allege that he has gold bars and a lot of cash hidden at a Swiss Bank in The Bahamas.

Jean-Marie Le Pen, founder of the French far right Front National political party is alleged to have hid nearly $2.4 million in foreign bank accounts, including The Bahamas.

The cash and gold bars were allegedly in an HSBC account in the Virgin Islands before being transferred to an account with the Swiss Bank CBH here in The Bahamas last May.

According to the latest leak from corruption investigations into the Front National party, it is alleged that the Front National party has fraudulently paid 20 assistants in the European parliament some $10 million.

Media part, a respected investigative website released the claims on the internet on Monday, as the latest accusation to emerge from corruption allegations uncovering what prosecutors believe is a tangled web of illegal financing by the Front National in Paris and in the European parliament.