Business Standard

New French minister Thevenoud resigns over tax problems

Image

AFP Paris
France's new trade minister Thomas Thevenoud was forced to resign today because of problems with his taxes, a government source confirmed, in a new blow to embattled President Francois Hollande.

The socialist deputy was only appointed less than a fortnight ago in a reshuffle after a revolt over austerity measures threw the French government into crisis.

A government source told AFP that he stepped down after admitting he had a "problem about the declaration of his taxes he has not resigned because of any political disagreement".

The resignation has uncomfortable echoes of the so-called Cahuzac affair, when Hollande's budget minister Jerome Cahuzac was sacked in March 2013 after he was accused of evading tax using non-declared Swiss bank accounts.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 05 2014 | 12:20 AM IST

Explore News