Cahuzac affair

[1] In 2010, Jérôme Cahuzac was elected President of the Finance, General Economy and Budgetary Control Committees of the National Assembly.

After Mr. Hollande's success and election as France's president, Cahuzac was appointed Delegated Minister of Budget on 16 May 2012.

Going from general counsel of the Department of "Lot-et-Garonne" to mayor, and back to deputy, Mr. Cahuzac made a solid name and reputation for himself,[4] while, by 2016, when the scandal was leaked, voters had grown distrustful of politicians.

[5] The Cahuzac affair's main aspects are the genesis and evolution of the financial crimes, the downfall of participants, and the reason for the scandal's unveiling.

[9] Here is a short part of the (French) scripted recording that accurately depicts the previously referred to situation: "Ca me fait chier d’avoir un compte ouvert là-bas, l’UBS c’est quand même pas forcément la plus planquée des banques.

[11] Following the amount of press coverage, proof and criticism stemming from the recording's leakage, President Hollande had no other choice but to release him from his duties as Minister of Budget on 19 March 2013.

Having, in addition to the things previously stated, participated in the creation of various shell companies, she was consequently condemned to two years of prison.

The main reason stems from reporters, who saw huge potential in possible findings resulting from the thorough investigation of the bank accounts of France's newly appointed Minister of Budget – who just so happened to previously be a plastic surgeon.

In an article published by Atlantico, it is explained that the French secret services, along with multiple members of the Defense Committee, were in fact the key players in this story.

[18] It was revealed that they had worked together to gather information on his Swiss UBS bank account and tracked the money-trail that led to Singapore.

Citizens and reporters started questioning and interrogating various politicians – thinking that some of them were also undoubtedly involved in the same sort of activities.

The first one encompasses the idea that elected politicians who have been condemned for fiscal fraud or corruption would be forbidden from any type of public office or mandate.

[25] As a consequence of such scandals, new laws were introduced to fight fiscal fraud, money laundering and perjury in France's parliamentary systems.