Keyword: Nicolas Barre

Sons of former French PM face probe over hidden Swiss cash

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Former prime minister Raymond Barre in October 2006, at a conference held by Crédit Agricole bank's national federation. © Bruno FERRANDEZ / AFP Former prime minister Raymond Barre in October 2006, at a conference held by Crédit Agricole bank's national federation. © Bruno FERRANDEZ / AFP

The late Raymond Barre was one of the best-known prime ministers of France's Fifth Republic and was publicly lauded by a president as one of the country's best economists. He was also forever associated with austerity and budget cuts during the difficult economic years of the late 1970s and spoke of the need of French people to pay their taxes. Now his two sons, Olivier and Nicolas Barre, have been placed under formal investigation over the “laundering of the proceeds of tax fraud” as part of a probe by French prosecutors into a stash of money that was hidden in a Swiss bank account by their father. Antton Rouget reports.