French billionaire Serge Dassault to face trial for tax fraud: Source
AFP
Mac 21, 2016 15:48 MYT
Mac 21, 2016 15:48 MYT
Dassault will also face questions about allegedly failing to disclose all of his assets to the French High Authority for Transparency in Public Life, which tracks the income sources of public figures.
French billionaire industrialist Serge Dassault is to face trial on suspicion of stashing several million euros in Luxembourg and Liechstenstein, a source close to the investigation said Monday.
The case against the 90-year-old CEO of the Dassault Group, which holds a majority stake in Dassault Aviation, has been committed directly to trial without a preliminary inquiry.
The hearing is set for July 4, the source told AFP.
Dassault, who is a member of the French Senate, will also face questions about allegedly failing to disclose all of his assets to the French High Authority for Transparency in Public Life (HATVP), which tracks the income sources of public figures.
The HATVP said last year it had "serious doubts (about the) exhaustivity, exactitude and sincerity" of Dassault's filings.
Dassault, France's fourth wealthiest person with a net worth estimated at 13.6 billion euros ($15.3 billion) last year by Forbes magazine, is also under investigation in a vote-buying scandal involving a Paris suburb where he was mayor.