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French budget minister under investigation for tax fraud

By Agence France-Presse
Tuesday, January 8, 2013 11:52 EDT
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French Budget Minister Jerome Cahuzac, pictured in Paris, December 11, 2012. (AFP)
 
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French Budget Minister Jerome Cahuzac is under investigation for tax fraud after a media report that he had an undeclared UBS account in Geneva which he then moved to Asia, prosecutors said Tuesday.

Cahuzac, who is in charge of battling tax evasion, has denied the report by the respected Mediapart investigative website that he had an undeclared Swiss account which he then transferred to Singapore.

Agence France-Presse
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