François Hollande’s presidential campaign team. He was given the task of handling the campaign finances.
After Hollande’s election, Cahuzac was appointed budget minister on the 16th of May, 2012. He was forced to resign in March 2013 after he admitted wrongdoing.
He was also expelled from the Socialist Party, of which he been a member since the 1970s.
In the wake of the scandal, the biggest under former president Hollande, France set up an anti-corruption agency and a national office to prosecute financial crimes.