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French former minister tried to stash £13m into Swiss bank | French former minister tried to stash £13m into Swiss bank |
(about 1 month later) | |
Disgraced former government minister Jérôme Cahuzac was reported to have tried to deposit €15m (£12.7m) into a Geneva bank four years ago, in the latest twist to a scandal that has rocked France. | Disgraced former government minister Jérôme Cahuzac was reported to have tried to deposit €15m (£12.7m) into a Geneva bank four years ago, in the latest twist to a scandal that has rocked France. |
Cahuzac was forced to resign from his job as budget minister in charge of clamping down on tax evasion last month after it was revealed he had hidden €600,000 from the French taxman in a secret Swiss bank account. | Cahuzac was forced to resign from his job as budget minister in charge of clamping down on tax evasion last month after it was revealed he had hidden €600,000 from the French taxman in a secret Swiss bank account. |
The minister had vigorously denied the allegations, protesting his innocence face to face with President François Hollande and before the French parliament, saying: "I do not have a foreign bank account." | The minister had vigorously denied the allegations, protesting his innocence face to face with President François Hollande and before the French parliament, saying: "I do not have a foreign bank account." |
Last week, however, he admitted he had lied, causing shock waves though political circles and among the public. A poll on Sunday revealed almost one third of French electors wanted the Assemblée Nationale dissolved and new legislative elections less than a year after the last. | Last week, however, he admitted he had lied, causing shock waves though political circles and among the public. A poll on Sunday revealed almost one third of French electors wanted the Assemblée Nationale dissolved and new legislative elections less than a year after the last. |
On Sunday Radio Télévision Suisse, claimed to have information from "banking sources" that Cahuzac had tried to transfer €15m to a Geneva bank in 2009. The bank, it reported, refused to accept the money fearing "future complications" because Cahuzac was a political figure. At the time, Switzerland had declared it was prepared to share information and cooperate legally in cases of fiscal evasion. | On Sunday Radio Télévision Suisse, claimed to have information from "banking sources" that Cahuzac had tried to transfer €15m to a Geneva bank in 2009. The bank, it reported, refused to accept the money fearing "future complications" because Cahuzac was a political figure. At the time, Switzerland had declared it was prepared to share information and cooperate legally in cases of fiscal evasion. |
Cahuzac is now under formal criminal investigation for "laundering the proceeds of fiscal fraud". On Sunday evening his lawyer Jean Veil denied the new allegations. | Cahuzac is now under formal criminal investigation for "laundering the proceeds of fiscal fraud". On Sunday evening his lawyer Jean Veil denied the new allegations. |
The scandal has sparked one of the worst political crises in decades and added huge pressure to the beleaguered Hollande. | The scandal has sparked one of the worst political crises in decades and added huge pressure to the beleaguered Hollande. |
As Le Monde newspaper wrote: "the lie that opened a democratic crisis". | As Le Monde newspaper wrote: "the lie that opened a democratic crisis". |
"How could Mr Cahuzac urbi and orbi (to the city and to the world) proclaim his innocence when he knew he was guilty?" it asked. | "How could Mr Cahuzac urbi and orbi (to the city and to the world) proclaim his innocence when he knew he was guilty?" it asked. |
Libération added the crisis was "so fundamental" that the "contract of trust between people and government has now been broken". | Libération added the crisis was "so fundamental" that the "contract of trust between people and government has now been broken". |
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