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French budget minister under probe for tax fraud

Published on Jan 8, 2013 11:31 PM

PARIS (AFP) - 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 on Tuesday.

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