Skip to comments.French ministers to declare assets after scandal (Budget Minister Hid Money in Foreign Accounts)
Posted on 04/09/2013 7:11:56 AM PDT by SeekAndFind
PARIS France's Socialist government said it had ordered ministers to declare their assets publicly within days, as it seeks to limit the damage from a tax fraud scandal involving an ex-minister.
Prime Minister Jean-Marc Ayrault announced that ministers would have until April 15 to publish details of their assets as part of a package of new financial transparency measures.
The government will also put forward a law on financial transparency among ministers and other top officials by April 24, with plans for it to be adopted by the summer, he said in a statement.
The move comes as President Francois Hollande's government scrambles to contain a scandal surrounding former budget minister Jerome Cahuzac, who last week was charged with tax fraud after admitting to having an undeclared foreign bank account.
Ayrault said in a statement that measures to boost financial transparency would be presented to a cabinet meeting on Wednesday, adding he would meet with the speakers and faction chiefs of the lower and upper houses the following day.
"The prime minister is preparing... a package of measures to ensure complete transparency on the assets of politicians and staff working with ministers, the president and the prime minister," the statement said.
He said measures would also be taken to "more severely punish breaches of the financial law and ethics and integrity rules, and to strengthen the fight against tax fraud and tax havens".
Hollande's government has been shaken by the scandal, which erupted last Tuesday after Cahuzac -- once in charge of tackling tax evasion -- admitted to investigators that he had a foreign account containing some 600,000 euros ($770,000).
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In a socialist government how do these political leaders get rich?
Share The Wealth, dudes! Starting with YOURS.
If the DNC audits B. Hussein, they will find that all of his political stunts are aimed at generating donations for Obamas RETIREMENT SLUSH FUND.
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