Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

France’s former tax Tsar sentenced to three years in jail for tax fraud

byCT Report
28/12/2016
in Uncategorized
Share on FacebookShare on Twitter

PARIS: A former French minister who led a crackdown on tax evasion was on Thursday sentenced to three years in prison for hiding millions in offshore accounts, in a scandal that rocked François Hollande’s presidency.

A Paris court found Jerome Cahuzac, a cosmetic surgeon by trade who was made budget minister when Mr Hollande won power in 2012, guilty of tax fraud and money laundering.

You might also like

Islamabad vehicle owners face higher token tax under new revenue plan

22/06/2026

Envoys show keen interest in RCCI medHealth & beauty Expo 2026

22/06/2026

The crime was of “exceptional gravity” as it was committed by the man “who embodied France’s tax policy,” said presiding judge Peimane Ghaleh-Marzban when announcing the verdict.

The 64-year-old left the courthouse stony-faced and without commenting. His lawyer, Jean Veil, said he would appeal, adding: “Three years is too heavy.”

Mr Cahuzac, who ran a lucrative hair transplant clinic and conducted consultancy work for drugs companies before becoming a minister, resigned in disgrace in 2013.

After repeatedly denying the existence of offshore funds, even saying he was happy to look France “in the eyes” to swear he had done no wrong, he later issued a spectacular mea culpa, admitting to having held an undeclared account over 20 years, first in Switzerland and later in Singapore.

Related Stories

Islamabad vehicle owners face higher token tax under new revenue plan

byCT Report
22/06/2026

ISLAMABAD: The National Assembly’s Standing Committee on Finance has approved an increase in vehicle token tax rates in Islamabad, marking...

Envoys show keen interest in RCCI medHealth & beauty Expo 2026

byCT Report
22/06/2026

ISLAMABAD: The Rawalpindi Chamber of Commerce and Industry (RCCI) continued to strengthen Pakistan’s international engagement in the healthcare and wellness...

Hutchison’s $3b Karachi port expansion plan stuck over concession, procurement issues: report

byCT Report
22/06/2026

KARACHI: A planned $3 billion investment by Hong Kong-based Hutchison Ports to expand container handling facilities at Karachi’s ports has...

Customs announces auction of overstay hydrocarbon solvent at Taftan & Quetta Dry Port

byCT Report
22/06/2026

QUETTA: Pakistan Customs has announced the auction of multiple overstay consignments of Light Aliphatic Hydrocarbon Solvent, commonly known as White...

Next Post

UBS sees slower growth

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.