LUXEMBOURG: Three Frenchmen went on trial in Luxembourg on Tuesday accused of an "incredible" document leak that exposed huge tax breaks for major global companies, in an issue brought sharply into focus by the Panama Papers scandal.
Antoine Deltour and Raphael Halet, two former employees at services firm PricewaterhouseCoopers (PwC), and French journalist Edouard Perrin face charges over the theft of thousands of confidential files in the so-called LuxLeaks scandal.
The opening of the trial brought an unusual intervention by France in fellow EU-member Luxembourg's legal affairs, with Finance Minister Michel Sapin saying that he "would like to offer (Deltour) all our solidarity".
Around 50 supporters shouted "Thank you, Antoine, thank you Antoine!" as the defendants arrived at the courtroom in Luxembourg for the start of the trial, which is expected to last until May 4.
If found guilty, they face jail terms of up to 10 years.
The eruption of the LuxLeaks affair in November 2014 exposed "sweetheart" deals that saved firms including Apple, IKEA and Pepsi billions of dollars in taxes while European Commission President Jean-Claude Juncker was Luxembourg's prime minister.
A series of global news outlets examined 28,000 pages of documents obtained by the International Consortium of Investigative Journalists (ICIJ), revealing the full scale of the tax breaks won by 340 companies.
LuxLeaks was the biggest expose of its kind until this month's publication of the Panama Papers, which revealed links between a number of international leaders and offshore shell companies that can be used to hide or launder wealth.
Comments
Comments are closed.