Tuesday 8 January 2013

The Coming Crisis: French tax-the-rich minister 'hid money in Swiss bank'

The Coming Crisis
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French tax-the-rich minister 'hid money in Swiss bank'
Jan 8th 2013, 18:58

The French minister responsible for enforcing new taxes on the rich is to be investigated for tax evasion.

The Paris chief prosecutor announced today that he has started a preliminary investigation into media allegations that Jérôme Cahuzac hid money in an undeclared bank account in Switzerland until two years ago.

If proved, the allegations could be explosively embarrassing for a Socialist French government already facing constitutional complications, and an exodus by the wealthy, as it attempts to enforce President François Hollande's plans for a 75 per cent "supertax".

http://www.independent.co.uk/news/world/europe/french-taxtherich-minister-hid-money-in-swiss-bank-8443271.html

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