Don't miss

Replay


LATEST SHOWS

WEB NEWS

France launches website to counter jihadist propaganda

Read more

MEDIAWATCH

Hollande depicted as Hitler

Read more

EYE ON AFRICA

Boko Haram crisis: Militants forced from north eastern Nigerian town

Read more

REPORTERS

Syria: Wresting control of Kobani from IS group

Read more

FRANCE IN FOCUS

A who's who of the 'Bettencourt trial'

Read more

FOCUS

Golan Heights on edge...

Read more

THE BUSINESS INTERVIEW

Eugene Kaspersky: Cyber attacks on critical infrastructure 'just a question of time'

Read more

#THE 51%

Equality in the workplace: Bridging the gender pay gap

Read more

ENCORE!

The culture stars trying to save the world

Read more

France

French budget minister probed over Swiss account

Text by FRANCE 24

Latest update : 2013-01-08

The Paris Prosecutor’s office said on Tuesday that it was opening a preliminary investigation into French Budget Minister Jerome Cahuzac (pictured) over allegations that he had an undisclosed bank account in Switzerland.

French Budget Minister Jerome Cahuzac is under investigation for tax fraud following a media report that he had an undeclared UBS account in Geneva which he then moved to Singapore in 2010, prosecutors said on Tuesday.

The French prosecutor’s office said that given the sensitivity of the allegations and the time it would take to investigate them, it had no option but to open an inquiry immediately.

“The Paris prosecutor has as a result decided to open a preliminary investigation for tax fraud,” it said in a statement.

Cahuzac, who is in charge of battling tax evasion, has denied the report by the respected Mediapart investigative website.

Soon after the announcement into the inquiry was made, Cahuzac's office said in a statement that he welcomed the decision because it will allow him to prove his innocence.

"This step will, as he has always said, show his complete innocence from the absurd allegations that he has been subjected to," his office said.

(FRANCE 24 with wires)

Date created : 2013-01-08

COMMENT(S)