France's ruling Socialists have revoked party membership from disgraced former budget minister Jérôme Cahuzac, who resigned on March 19 and later revealed that he hid money in a Swiss bank account, reports France 24.
Cahuzac admitted last week to having an undeclared bank account containing some €600,000 ($770,000).
Cahuzac's resignation plunged the Socialist government of François Hollande into uncertainty, compounded by fresh claims in the French media that his foreign minister, Laurent Fabius, might also hold a Swiss bank account.
Fabius has strongly denied the allegations.
In a bid to offset public outrage over the Cahuzac scandal, Prime Minister Jean-Marc Ayrault said Monday that government ministers will be required to declare their assets publicly by April 15.
French politicians began revealing their holdings on Tuesday.
Read more of this report from France 24.