French court orders 2-mln-euro fine in Dassault tax fraud affair
Xinhua, February 3, 2017 Adjust font size:
A French court on Thursday ordered French billionaire Serge Dassault to pay a 2-million-euro (2.16 million U.S. dollars) fine for tax fraud, local media reported.
Dassault, the head of aviation and software giant Dassault Group, was also declared ineligible to serve as a senator for five years on charges of having bank accounts abroad and stashing millions of euros in tax havens for 15 years.
Prosecutors said his foreign accounts contained 31 million euros in 2006, and 12 million euros in 2014.
Dassault, 91, is France's third wealthiest person, with a net worth estimated by Forbes magazine of 14.7 billion U.S. dollars. (1 euro = 1.08 U.S. dollar) Endit