Jérôme Cahuzac
French politician
Jérôme Cahuzac
Jérôme Cahuzac is a French politician who, until his appointment as Junior Minister for the Budget at the Ministry of the Economy, Finance, and External Trade by President François Hollande on 16 May 2012, was a member of the National Assembly of France where he represented the 3rd constituency of Lot-et-Garonne on behalf of the Socialist Party.
Biography
Jérôme Cahuzac's personal information overview.
{{personal_detail.supertitle}}
{{personal_detail.title}}
{{personal_detail.title}}
Relationships
View family, career and love interests for Jérôme Cahuzac
News
News abour Jérôme Cahuzac from around the web
French ex-minister who fought tax evasion jailed for tax fraud
Yahoo News - 3 months
By Chine Labbé PARIS (Reuters) - A former minister who led a French government crackdown on tax evasion was sentenced to three years in jail on Thursday for hiding an offshore bank account of his own, in a scandal that deeply embarrassed President Francois Hollande. A Paris court found Jerome Cahuzac, a cosmetic surgeon by trade who was made budget minister when Hollande won power in 2012, guilty of tax fraud and money laundering. The verdict marks the end of a saga that shocked France and shook Hollande, who promised as he took power that his government would be beyond reproach after years of corruption accusations that dogged his predecessors.
Article Link:
Yahoo News article
Surveillance and Scandal
Huffington Post - about 3 years
Time-Tested Weapons for U.S. Global Power Cross-posted from TomDispatch.com For more than six months, Edward Snowden’s revelations about the National Security Agency (NSA) have been pouring out from the Washington Post, the New York Times, the Guardian, Germany’s Der Spiegel, and Brazil’s O Globo, among other places.  Yet no one has pointed out the combination of factors that made the NSA’s expanding programs to monitor the world seem like such a slam-dunk development in Washington.  The answer is remarkably simple.  For an imperial power losing its economic grip on the planet and heading into more austere times, the NSA’s latest technological breakthroughs look like a bargain-basement deal when it comes to projecting power and keeping subordinate allies in line -- like, in fact, the steal of the century.  Even when disaster turned out to be attached to them, the NSA’s surveillance programs have come with such a discounted price tag that no Washington elite was going to re ...
Article Link:
Huffington Post article
France investigates chairman of Swiss bank Reyl: source
Yahoo News - over 3 years
France's prosecutor has opened a tax-evasion probe into Dominique Reyl, chairman of Swiss private bank Reyl, as part of a broader investigation into a former French budget minister's undeclared Swiss bank account, a judicial source told Reuters. Investigating magistrates had already begun to examine a potential link between Reyl's bank and ex-minister Jerome Cahuzac, who stepped down in March after admitting he had hidden funds abroad. Reyl's son Francois, the bank's chief executive, was put under formal investigation on Tuesday. Dominique Reyl's lawyer could not be reached for comment.
Article Link:
Yahoo News article
Swiss banker in Cahuzac case released from jail-bank lawyer
Yahoo News - over 3 years
ZURICH (Reuters) - A former Geneva-based private banker who was a witness in a tax fraud probe into a French government minister has been released on bail by a Swiss prison, his former employer's lawyer was quoted saying in a newspaper interview on Thursday. Pierre Condamin-Gerbier, a former banker at Reyl & Cie, had testified before a parliamentary commission investigation into alleged tax fraud by former minister Jerome Cahuzac. He was arrested in July on his return to Switzerland after saying he held a list of French politicians with undeclared funds in secret Swiss bank accounts. ...
Article Link:
Yahoo News article
Swiss arrest witness linked to French minister in tax scandal
Reuters Canada - over 3 years
ZURICH (Reuters) - A key witness in the investigation against France's former budget minister Jerome Cahuzac has been arrested by Swiss authorities, the Swiss prosecutor's office confirmed on Saturday.
Article Link:
Reuters Canada article
French political scandals: Tapping along
The Economist - over 3 years
FRANÇOIS HOLLANDE, France’s Socialist president, promised an “exemplary” government. His centre-right predecessor, Nicolas Sarkozy, pledged an “irreproachable republic”. Yet new revelations have exposed dodgy goings-on under both left and right. In March Mr Hollande’s budget minister, Jérôme Cahuzac, resigned after lying to parliament about a secret Swiss bank account. Now an inquiry into a €403m ($590m) arbitration payout to Bernard Tapie, a colourful French businessman, is closing in on a circle at the heart of power under Mr Sarkozy.Investigators want to know how the case led to such a favourable arbitration. On June 24th they hauled in Mr Tapie for questioning. A maverick ex-Socialist politician and former owner of Olympique de Marseilles football club, who has served time in both government and prison, Mr Tapie has long argued he was cheated by Crédit Lyonnais bank when it sold Adidas, a sports outfitter he had owned, in the mid-1990s. The bank was rescued from bankruptcy by the s ...
Article Link:
The Economist article
Far-right candidate pushes out Socialist in French by-election
Yahoo News - over 3 years
BORDEAUX, France (Reuters) - A far-right candidate beat France's ruling Socialist party on Sunday to a place in a by-election run-off vote, reducing the government's slim parliamentary majority and highlighting the rise of the National Front. The seat, vacated by former budget minister Jerome Cahuzac, who resigned after admitting to holding a previously undeclared Swiss bank account, will now be contested by the National Front and the main conservative opposition UMP party, after the Socialist candidate received only 23.69 percent of the vote. ...
Article Link:
Yahoo News article
The French cabinet's riches
The Economist - almost 4 years
  “I don’t like rich people,” François Hollande famously declared on a French television show a few years ago. When campaigning for the presidency last year, he declared war on the “world of finance”, and promised a top income-tax rate of 75% on the rich. Now his anti-rich people rhetoric seems to be backfiring: seven of his government ministers, as well as his prime minister, are millionaires. This was revealed after tough new disclosure rules obliged the entire cabinet (see picture above) to publish their assets online by April 15th. Under the new rules, far tougher than the British version, ministers had to declare the value of all their assets, including property, shares and bank accounts. The French are usually discreet about money, and dislike ostentatious displays of wealth. So the rules prompted some discomfort in government, and much delight in the press. Most daily newspapers this morning ran double-page spreads, if not league tables, of wealth. Le Parisien, a popular nat ...
Article Link:
The Economist article
French government reacts to tax scandal by forcing cabinet to publish their financial assets
Canadian Business - almost 4 years
PARIS – Taxe Day generally passes unnoticed in France but this year a major tax scandal involving a top member of government has made April 15 a day of reckoning for French political leaders as well. In a bid to “moralize” politics after the embarrassing revelation that France’s top tax collector was himself dodging the tax man, President Francois Hollande ordered his entire cabinet — 38 ministers — to disclose their financial records. The results were posted online Monday evening. Among the disclosures were Foreign Minister Laurent Fabius’ three properties, including a Paris apartment worth 2.75 million euro ($3.6 million), Finance Minister Pierre Moscovici’s 17,368 euros in the stock market, and that Prime Minister Jean-Marc Ayrault drives a French Citroen and — shock! — a German Volkswagen. Polls show a majority of the French approve of the government’s transparency bid, but critics said it was a sideshow at best, and an infringement of privacy at worst. Hollande set out the ...
Article Link:
Canadian Business article
Jérôme Cahuzac: La lettre très personnelle du député PS Dominique Lefebvre à son ami
The Huffington Post - almost 4 years
JÉRÔME CAHUZAC - Dans son édition du 14 avril, Le JDD a publié un courrier adressé à Jérôme Cahuzac, l'ancien ministre du Budget déchu après les révélations sur son compte bancaire suisse. Son auteur? Dominique Lefebvre, député PS du Val-d'Oise, membre de la Commission des finances, et ami dans la vie de Jérôme Cahuzac. Une missive étonnante, une supplique pour que son ami accepte de démissionner de son poste de député. Jérôme Cahuzac entretient en effet le doute sur ce qu'il compte faire de son mandat, bien qu'il soit radié du PS. Et Dominique Lefebvre s'était apparemment avancé en disant que l'ex ministre du budget avait pris la décision de démissionner. More...
Article Link:
The Huffington Post article
Scandal of disgraced French taxman widens
Fox News - almost 4 years
He feels hounded and, like a marked man, says he changes locations every few days. Less than a month ago, Jerome Cahuzac, France's disgraced former budget minister, was the hunter, with an eye out for any citizen who cheated tax authorities by hiding cash abroad. He was devoted to President Francois Hollande's effort to fill the government's depleted coffers as the economy sputtered. Cahuzac's belated admission that he kept his own secret offshore accounts is now destabilizing France's Socialist government, less than a year after Hollande assumed office with pledges to replace the perceived "bling-bling" of his conservative predecessor, Nicolas Sarkozy, with moral rectitude. The scent of scandal expanded this week to Cahuzac's boss, Finance Minister Pierre Moscovici, with allegations by a weekly magazine that he knew of his colleague's guilt in December — a claim Moscovici denies. And Cahuzac, 60, who was formally expelled fr ...
Article Link:
Fox News article
Febrile France: Morality play
The Economist - almost 4 years
A DARK mood of distrust has taken hold in France. It set in after Jérôme Cahuzac, the former budget minister in charge of tax, confessed that he had lied about a secret foreign bank account he had held for 20 years. He was fired and faces charges. Now President François Hollande’s effort to clean up politics by requiring elected officials to disclose their wealth has prompted mayhem and opposition claims of a witch-hunt against the rich.Under pressure to do more, Mr Hollande called on April 10th for the “eradication” of tax havens in Europe and elsewhere. He said all French banks would have to publish a list of their foreign subsidiaries. And he promised a new transparency law to require all French deputies to declare their assets and abide by new conflict-of-interest rules.Jean-Marc Ayrault, his prime minister, has told ministers to declare their assets by April 15th. France, along with Slovenia, requires the least transparency in Europe from elected officials, says Daniel Lebègue, he ...
Article Link:
The Economist article
In France, private assets get new public scrutiny
Fox News - almost 4 years
France's Socialist government wants all elected officials to publicly disclose their assets, after the country's budget minister was revealed as a tax-dodger and forced to resign. The new rules, to be announced Wednesday, would apply to all national lawmakers and Cabinet members. In a country uncomfortable with wealth or open discussions about money, only the French president has to publicly list his assets — other elected and appointed officials file confidential disclosure forms to a commission that lacks powers of investigation. French President Francois Hollande's plan came after an investigative journalism site uncovered evidence that Jerome Cahuzac, the former budget minister, had secret Swiss accounts. Some officials are releasing their finance details already in response; others are less enthusiastic about an idea they say is being imposed without debate.
Article Link:
Fox News article
Tax haven data leak names names, raises questions
Fox News - almost 4 years
It's a data leak involving tens of thousands of offshore bank accounts, naming dozens of prominent figures around the world. And new details are being released by the day — raising the prospect that accounts based on promises of secrecy and tax shelter could someday offer neither. Among those named include a top campaign official in France, the ex-wife of pardoned oil trader Marc Rich, Azerbaijan's ruling family, the daughter of Imelda Marcos and the late Baron Elie de Rothschild. The widespread use of offshore accounts among the wealthy is widely known — even Mitt Romney acknowledged stashing some of his millions in investments in the Cayman Islands. But this week's leak, orchestrated by a Washington DC based-group called the International Consortium of Investigative Journalists, appeared to be the broadest in what has been a steady stream of information emerging about hidden money in recent years amid a wave of anger targeting the super-rich in an age of austerity. ...
Article Link:
Fox News article
Barry Lando: France: From Gloire to Desespoir
Huffington Post - almost 4 years
President Francois Hollande's government is reeling from the latest scandal to jolt this country -- the admission by Budget Minister, Jerome Cahuzac, after months of denying the charge, that he had secret offshore accounts. This newest affair only adds to the sentiment of outrage and despair that has enveloped the citizens of what was once Europe's greatest power. Nothing brings home more starkly France's awful decline than a visit to the Basilica of Saint-Denis in the northern suburbs of Paris. It is still considered one of the architectural marvels of Europe. Its vaulted domes, 13th century nave, slender towering walls and luminous stained glass windows were models for the high Gothic style that inspired the architects of Notre Dame in Paris and other great abbeys and temples to the Christian God throughout Europe. Inside are the tombs -- though not always the remains -- of most of the kings and queens of France over the past 1500 years. It's a memorable sight. But th ...
Article Link:
Huffington Post article
Timeline
Learn about memorable moments in the evolution of Jérôme Cahuzac
Original Authors of this text are noted here.
All data offered is derived from public sources. Spokeo does not verify or evaluate each piece of data, and makes no warranties or guarantees about any of the information offered. Spokeo does not possess or have access to secure or private financial information. Spokeo is not a consumer reporting agency and does not offer consumer reports. None of the information offered by Spokeo is to be considered for purposes of determining any entity or person's eligibility for credit, insurance, employment, housing, or for any other purposes covered under the Fair Credit Reporting Act (FCRA)