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Sacked French Minister had ?2 million on Island

by isleofman.com 14th March 2014
It's reported a French Socialist minister sacked for lying to President Francois Hollande about his secret Swiss bank account also had ?2 million in accounts on the Isle of Man.
Jerome Cahuzac plunged the French government into crisis a year ago when he eventually admitted to having €600,000 in secret Swiss bank accounts.
He had originally denied having the money.
The Daily Telegraph claims the money held on the Island between 1997 and 2004 was used mostly to invest in British property.
Mr Cahuzac did not declare the money to French authorities.
Posted by isleofman.com
Friday 14th, March 2014 01:59pm.

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