An old Strauss-Kahn company created 31 companies in tax havens

An old company Strauss-Kahn created 31 companies in tax havens 
A fund of Luxembourg investment, chaired until 2014 by the manager former director of the IMF Dominique Strauss-Kahn, helped set up 31 companies in tax havens A fund of Luxembourg investment, chaired up 2014 by the former director manager IMF Dominique Strauss-Kahn, helped set up 31 companies in tax havens, the newspaper 'Le Monde' thanks to the data obtained in the 'papers Panama'. The Leyne, Strauss-Kahn & Partners (LSK) fund, created by his partner Thierry Leyne, opened and managed companies in havens such as the Seychelles, Panama, Hong Kong or the Virgin Islands for clients such as French investors Asian or rich audiovisual producers, adds the newspaper. the fund served its subsidiary Assya Asset Management Luxembourg (AAML) to operate those companies whose data appears in the leaked documents Panamanian law firm Mossack Fonseca. Most of these structures opened domiciled bank accounts in Switzerland, Luxembourg, Panama and Hong Kong with the alleged aim of "hide the real identity of the beneficiaries of the funds , " adds Le Monde. However, it specifies that the activity of AAML dates back to before the arrival of Strauss-Kahn to LSK presidency in October 2013. Just a few months earlier, the former director of the International Monetary Fund (IMF) attacked before the French Senate "unjust consequences" of the tax havens, which "deprive the state of tax revenues". at the same time, the former economy minister criticized those "financial instruments founded on opacity" which is "very destabilizing". In March, the French prosecutor has opened a judicial inquiry into LSK by organized fraud and abuse of social goods and trusted band. LSK left a liability of about 100 million euros and a total of 150 creditors, many of them attracted by the aura of solvency attributed to French politician