Prosecutor to open tax probe on French budget minister

PARIS, Jan 8 (Reuters) - The Paris Prosecutor's office said
on Tuesday that it was opening a preliminary investigation into
French Budget Minister Jerome Cahuzac over allegations that he
had an undisclosed bank account in Switzerland.

The prosecutor's office said that given the sensitivity of
the allegations, which Cahuzac denies, and the time it would
take to investigate them, it had no option but to open an
inquiry immediately.

"The Paris prosecutor has as a result decided to open a
preliminary investigation for tax fraud," it said in a