A preliminary investigation targeting the consulting activities carried out by the ex-boss of the International Monetary Fund (IMF) Dominique Strauss-Kahn from Morocco has been opened for laundering aggravated tax fraud after the revelations of the “Pandora Papers”, indicated on Wednesday the National Financial Prosecutor’s Office, confirming information from the World. As part of this investigation, entrusted to the Financial Judicial Investigation Service (SEJF), Dominique Strauss-Kahn was heard under police custody at the end of the summer, according to a judicial source.
His activities as a lecturer and consultant pinned in the “Pandora Papers”
Dominique Strauss-Kahn’s speaking and consulting activities were pinpointed in October 2021 as part of the “Pandora Papers”, an investigation in which around 600 journalists gathered within the International Consortium of Investigative Journalists (ICIJ) had collaborated. . Of the approximately 11.9 million documents from 14 financial services companies studied, the issue Cash Investigation looked at the accounting elements of the company Parnasse International, created by the former French socialist minister in May 2013.
It is established in a free zone of Morocco, the Casablanca Finance City (CFC), which allowed it a total exemption from corporate tax for five years and then a ceiling of 8.75% thereafter. , according to Cash Investigation. The investigation of Cash Investigation also pointed to the creation of Parnasse Global Limited in April 2018 in the United Arab Emirates. In this country where there is no public business register, DSK’s business pays no tax.
Investigation of the PNF for money laundering of tax evasion
These two companies receive DSK’s fees for the conferences he gives throughout the world and his advice to companies and managers. Supporting documents, Cash Investigation affirms that he notably advised Congolese President Denis Sassou-Nguesso to plead the cause of Congo, a highly indebted country, with the IMF. “The tax authorities asked my client for an appointment and nothing has happened since,” DSK lawyer Jean Veil told AFP.
“I deduce that the administration was convinced that he was indeed a Moroccan tax resident. For me, it was a file that was closed. When he comes to Paris, it’s less than six months, he doesn’t I have no children in Paris, his work is not in France, I do not see the elements which make it possible to justify the fact that his taxation would be at fault”, he added.
In October 2021, DSK defended itself on Twitter. “I have been a Moroccan tax resident since 2013 and (…) I pay my taxes there up to 23.8% of my profits, or 812,000 euros for the years 2018, 2019 and 2020”, he wrote. The PNF opened another investigation in February for laundering tax evasion following the revelations of the “Pandora Papers”, targeting the former Czech Prime Minister and billionaire Andrej Babis.