Antoine Magnant was appointed Wednesday as head of Tracfin, the financial intelligence unit attached to the Ministry of the Economy, according to the report of the council of ministers.
A graduate of the National School of Administration (ENA), he specialized in taxation, accounting, the fight against fraud and the organization and improvement of operational and human performance of management. General of Public Finances of which he has been Deputy Director General since 2018, specifies a press release from Bercy.
At the beginning of the year and until recently, he also served as interim director general of public finances. Mr. Magnant will replace from April 1 Alban Genais, who has been acting in the French service responsible for the fight against money laundering, terrorist financing and tax fraud since the end of February and the departure of Guillaume Valette-Valla.
If the departure of Mr. Valette-Valla was officially his request, the media L’Inform had mentioned a few days before a very critical internal report on his management and cited burn-out, repeated sick leave and a rate of departure and replacement exceptionally high-level employees.
Mr. Valette-Valla defended at the end of January, in the European Parliament, the candidacy of Paris to host the future European authority for the fight against money laundering and the financing of terrorism (AMLA) and its some 250 employees. But it is ultimately Frankfurt in Germany that this organization will settle.