A Paris court found Jerome Cahuzac, 67, a cosmetic surgeon by trade who was made budget minister when Hollande won power in 2012, guilty of tax fraud and money-laundering.
Cahuzac’s ex-wife, Patricia Menard, was given a two-year prison sentence for her role in stashing millions of euros abroad from the couple’s lucrative hair-transplant business.
The court also gave Francois Reyl, a Swiss banker, a one-year suspended prison sentence and fined him ß375 000 (R5.5million) for assisting the couple.
Reyl Bank was fined ß1.87million (R27-million) for money-laundering.
Cahuzac had admitted in evidence that he hid funds offshore to maintain his family’s standard of living.
