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You are here: Home / International Waste / Other / French tax fraud trial portrays example of ‘world plague’ 

French tax fraud trial portrays example of ‘world plague’ 

September 16, 2016

PARIS – Prosecutors have asked a French court to send the country’s former budget minister to prison for tax fraud and set an example of a necessary fight against a “world plague.”The two-week trial of Jerome Cahuzac on charges of tax fraud and money laundering ended Thursday in a Paris court. The judge set a December 8 date for the verdict.During closing arguments, France’s top financial prosecutor, Eliane Houlette, asked the court to sentence Cahuzac to three years in prison for inflicting a “major harm to France,” ”tarnishing its image,” ”withering its honour” and “making it the laughing stock of the entire world.”Cahuzac, a 64-year-old former cosmetic surgeon, is accused of hiding his wealth in tax havens around the world at the same time he was leading the government’s fight against tax evasion. He was forced to resign in 2013.

Source: French tax fraud trial portrays example of ‘world plague’ – Canadian Business – Your Source For Business News

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