Wednesday, April 03, 2013

The downfall of Jérôme Cahuzac: Cosmetic surgeon. Budget minister. Tax campaigner. National disgrace. The ugly face of Socialist France...

Jérôme Cahuzac made a fortune as a cosmetic surgeon offering hair-transplants to the rich and famous. He just became the ugly face of Socialist France.

The “affaire Cahuzac” – a morality tale of divorce, lies and an audiotape on which he inadvertently bugged himself – threatens to discredit President François Hollande after only 11 months in office.

The French press spoke of “one of the most spectacular scandals of the Fifth Republic”. President Hollande, in a televised statement, spoke of an “outrage” committed against the French state and people.

For a banal case of tax evasion, this may seem excessive. But Mr Cahuzac, the minister in charge of tax enforcement until last month, has admitted to tax evasion, and hypocrisy, on an industrial scale. He has also admitted that he lied repeatedly to the President, to parliament and to the public.

(...)

As chairman from 2011 of the national assembly’s finance committee, Mr Cahuzac called for the taxation of wealthy, French expats. As budget minister from May last year, he led a crusade against tax evasion.

In early December, the investigative website Mediapart – also responsible for allegations against ex-President Sarkozy – dropped a bombshell. It said Mr Cahuzac had once held an illegal bank account in Switzerland, and now had one in Singapore. The tax campaigner was himself a tax cheat. Full story...

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  3. French police raid Paris home of IMF chief Christine Lagarde...
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