This Article is From Jul 07, 2016

Netanyahu Donor Convicted In France Over Vast Tax Scam

Netanyahu Donor Convicted In France Over Vast Tax Scam

Arnaud Mimran testified he made campaign donations to Prime Minister Benjamin Netanyahu. (File Photo)

Paris: A French court has convicted and jailed a tycoon over a 283 million-euro carbon tax scam after a trial in which he testified he made unrelated campaign donations to Israeli Prime Minister Benjamin Netanyahu.

Arnaud Mimran was sentenced today to eight years and a 1 million-euro fine for the 2008-2009 fraud, which resulted in a major tax shortfall for French authorities.

The Paris court gave prison terms ranging from one to eight years for 10 other defendants. All were convicted of aggravated fraud and money-laundering. One person was acquitted.

Half were tried in absentia and are believed to be in Israel.

Netanyahu's office denied any campaign payments and said Mimran lawfully contributed in 2001 to a fund used while Netanyahu held no office. The Israeli attorney-general is investigating.

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