Blow for Hollande as ex-minister charged in tax fraud probe

April 03, 2013 08:35

France's ex-budget minister Jerome Cahuzac was charged in a tax fraud probe after he admitted having a foreign bank account, dealing a fresh blow to President Francois Hollande's embattled government.

Critics were quick to pounce on the scandal, demanding to know if Hollande or other top officials were aware of the account held by the minister once responsible for cracking down on tax evasion.

In a contrite statement on his website, Cahuzac admitted to having had the foreign account for around 20 years and said he was "devastated by guilt".

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