Open

Coming up

Don't miss

Replay


LATEST SHOWS

AFRICA NEWS

Ebola in Nigeria: First death outside of Lagos

Read more

AFRICA NEWS

Niger : Top Oppostion figure to be questioned in baby trafficking scandal

Read more

AFRICA NEWS

Liberia: President dismisses top officials who ignored call back

Read more

MEDIAWATCH

The deleted tweets of Manuel Valls

Read more

DEBATE

How to Stop Ebola: WHO Says Cases Could Exceed 20,000 (part 2)

Read more

DEBATE

How to Stop Ebola: WHO Says Cases Could Exceed 20,000

Read more

WEB NEWS

'Ice Bucket Challenge' angers anti-abortion activists

Read more

#TECH 24

Tomorrow's Transport Today

Read more

FOCUS

Mothers and children leaving Honduras at all costs

Read more

  • Russian troops have entered Ukraine, says Kiev

    Read more

  • Obama has 'no strategy yet' on potential Syria strikes

    Read more

  • Mapping Ukraine: Canada and Russia in ‘tweet for tat’ row

    Read more

  • French businesses ‘hoping for a new Thatcher’

    Read more

  • UN says 43 peacekeepers captured in Golan Heights

    Read more

  • Peru seizes record 6.5 tonnes of Europe-bound cocaine

    Read more

  • Pakistan army to mediate between PM, protesters

    Read more

  • PSG face Barcelona, Ajax in tough Champions League draw

    Read more

  • In pictures: Billions of locusts invade Madagascan capital

    Read more

  • Brad Pitt and Angelina Jolie say ‘I do’ in France

    Read more

  • Erdogan sworn in as Turkey's president

    Read more

  • Assad cannot be partner in fight against terrorism, says Hollande

    Read more

  • New Ebola case in Nigeria brings death toll to 1,552

    Read more

  • Video: 'Neither Baghdad nor the US can defeat the Islamic State'

    Read more

  • Platini will not run against Blatter for FIFA presidency

    Read more

  • Air France pilots announce week-long strike in September

    Read more

  • New French economy minister takes swipe at 35-hour work week

    Read more

  • Uzi shooting by 9-year-old rekindles gun debate

    Read more

France

Disgraced French minister gives up parliament seat

© AFP

Video by Kyle G. Brown

Text by News Wires

Latest update : 2013-04-17

France's former budget minister Jérôme Cahuzac, who resigned from the cabinet before being forced to admit that he had hidden 600,000 euros in offshore accounts, has announced he will quit as a member of the French National Assembly.

France's disgraced former budget minister, who was this month charged with tax fraud, said Tuesday he would be quitting parliament, and would probably not go back to politics.

Jerome Cahuzac was charged with tax fraud after admitting to hiding 600,000 euros ($790,000) in a foreign bank account, prompting a scandal that has seen the shaken Socialist government battle to try and restore confidence.

"I have decided to resign from this mandate," he said in a televised interview on BFMTV, referring to the lower house seat that he held before becoming budget minister after Francois Hollande was elected president last year.

"The moral mistake does not allow me to stay on as member of parliament," he said.

Under French law, a minister that leaves the government -- by resigning or due to a reshuffle -- can get his seat back in the lower house within one month. Cahuzac had until Friday to make his decision.

In the interview -- his first televised appearance since the scandal erupted on April 2 -- Cahuzac also said he thought it was "extremely improbable" that he would return to politics.

He acknowledged once again that he held 600,000 euros in his foreign bank account, but denied media reports that he had tried to invest 15 million euros in a Swiss fund.

The existence of Cahuzac's secret bank account was revealed in December by news website Mediapart, but for months, he vociferously denied the allegations to the president, media and to parliament -- even after resigning in March.

Then on April 2, Cahuzac -- who as budget minister was in charge of fighting tax evasion -- finally confessed to investigators probing the allegations.

His shock revelation rattled Hollande and his administration, and the government has since scrambled to contain the scandal, announcing a series of measures aimed at ensuring better transparency among politicians.

On Monday, all 38 ministers in Hollande's cabinet were ordered to publicly disclose their personal wealth -- a first in France -- and the government will attempt to have the disclosure rule extended to parliamentarians in a bill to be introduced on April 24.

The government has also announced plans to fight tax evasion.

(AFP)

 

Date created : 2013-04-16

  • FRANCE

    French ministers disclose personal wealth for first time

    Read more

  • FRANCE

    French politicians rush to reveal their assets

    Read more

  • FRANCE

    Did ex-budget minister’s wife precipitate his downfall?

    Read more

COMMENT(S)