24/7 Newsfeed

Put Reason 24/7 on Your Site


Follow Reason 24/7 on Twitter and via RSS

Chief French Tax Collector Accused of Hiding Money

The Socialist minister in charge of a crackdown on French tax evaders is fighting off accusations that he himself has hidden money in a secret Swiss bank account.

Budget Minister Jerome Cahuzac said he will sue the investigative news website Mediapart, over its allegation that he held such an account with Swiss bank UBS until 2010.

Amid rising speculation about Cahuzac’s position, on Thursday, Prime Minister Jean-Marc Ayrault stood behind him, saying there was no question of him leaving the government.

Source: RFI. Read full article. (link)

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time. Report abuses.