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France

French ex-minister in court over tax fraud, money laundering

Jerome Cahuzac was the face of France's fight against tax evaders — until he was forced to acknowledge that he himself was dodging taxes, hiding money in tax havens around the world.

President Francois Hollande's onetime budget minister is now facing the prospect of prison as his trial — alongside that of his ex-wife and others with whom he had financial dealings — opened on Monday.

The 63-year-old is accused of financing a lavish lifestyle by fraudulently concealing 687,000 euros ($765,000) of income from French tax authorities in 2009-2012 and laundering money in 2003-2013 through foreign bank accounts based in tax havens including Switzerland, Panama,...

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