Keyword: Panama papers
The trial of the former budget minister Jérôme Cahuzac for tax fraud and money laundering opened in Paris on Monday, the same day that it was revealed that French prosecutors want former president Nicolas Sarkozy to stand trial for “illegal financing” of his 2012 election campaign. Mediapart investigative reporter Fabrice Arfi says that such high-profile cases give us an insight into the ethics of public life in France. He argues that rather than simply looking the other way, the country needs to own up to the shameful nature of the situation.
The Panamanian government has warned of retaliatory measures after France announced it will put Panama back on a tax haven blacklist.
The far-right party used 'shell companies and false invoices' to hide money via Panama and other states, according to latest PP leaks published in France.
The suspended UEFA chief, serving a six-year ban from football-related activity after probe into FIFA cash payment, says offshore company was declared.
The French president thanked whistleblowers for the revelations in joint media investigations which he said would lead to recovery of unpaid taxes.