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French Socialist to leave €5.4m fortune to state

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French Socialist to leave €5.4m fortune to state
An ex-French minister plans to leave €5.4 million to the state. Photo: taxrebate.com/flickr
18:07 CET+01:00
A French Socialist politician, embarrassed by revelations of her €5.4 million fortune, says she plans to leave it to the French state.

The politician who was one of of France’s richest government ministers has said she plans to leave her personal fortune to the state.

Michèle Delaunay was a junior minister in the government of Prime Minister Jean-Marc Ayrault until President François Hollande reshuffled it this year.

When the entire cabinet was forced to make public their personal wealth last year after a minister had to resign over a tax scandal, Delaunay emerged as the second richest after Foreign Minister Laurent Fabius.

The Socialist politician was embarrassed to admit that she was worth around €5.4 million. She said her fortune consisted mostly of property that she and her husband had inherited.

She told Sud-Ouest newspaper this week that she is now considering leaving her wealth to the state, “probably by setting up a foundation.”

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