From the Nation
A former French budget minister who led the government’s fight against tax evasion has gone on trial – accused of hiding his wealth in tax havens around the world.
Jerome Cahuzac appeared in a Paris court today on charges of tax fraud and money laundering that saw him resign in 2013 in one of the biggest political scandals under the French president François Hollande.
The 64-year-old former cosmetic surgeon is accused of concealing at least €687,000 (Dh2.8 million) in income from tax authorities in 2009-2012. He’s also accused of laundering money in 2003-2013 through foreign bank accounts in Switzerland and Singapore and dummy companies in Panama and the Seychelles.