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Michel Sapin

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 Michel Sapin  link
Born9 April 1952
Boulogne-Billancourt, France
NationalityFrench
Alma materLycée Henri IV,Paris-Sorbonne University, École Normale Supérieure, Sciences Po
PartySocialist Party (France)
French Bilderberger politician who claimed that it was necessary to "fight against the use of cash and anonymity in the French economy" since it facilitated "terrorism".

Michel Sapin is a French politician who was Minister of Finance from 1992 to 1993 and again from 2014 to 2017.[1] He attended the 1992 Bilderberg meeting. In 2015 he claimed that it was necessary to "fight against the use of cash and anonymity in the French economy" since it facilitated "terrorism". He planned to ban French residents from making cash payments of over €1,000 (€10,000 for tourists).[2]

Early life and education

Sapin was born on 9 April 1952 in Boulogne-Billancourt.[3] He attended the Lycée Henri IV, followed by Paris-Sorbonne University, where he received a B.A. in History and an MPhil in Geography.[3] He then attended the École Normale Supérieure, the Institut d'études politiques de Paris, and the École nationale d'administration.[3] He graduated from the ENA as part of the Promotion Voltaire, which also included François Hollande, Dominique de Villepin, Ségolène Royal and Renaud Donnedieu de Vabres.[4]

Political career

From 1989 to 1994, Sapin was a councillor for Nanterre.[3] From 1995 to 2001, he was the Mayor of Argenton-sur-Creuse,[3] a position he again has held since 2002.[5] He was Deputy Minister of Justice from May 1991 to April 1992, Finance Minister from April 1992 to March 1993, and Minister of Civil Servants and State Reforms from March 2000 to May 2002.[5]

In the Socialist Party's 2011 primaries, Sapin endorsed François Hollande as the party's candidate for the 2012 presidential election.[6]

In 2012 Sapin was appointed Minister of Social Affairs by President Hollande. From April 2014, he then was head of a newly created ministry dealing with public finances under Prime Minister Manuel Valls.[7]

When President Hollande published a list of bank deposits and property (not inclding shares in companies) held by all 38 ministers for first time 2012,[8] Sapin declared personal assets worth 2 million euros.[9]

In March 2016, Sapin stated his opposition to universal basic income in an interview with France Info.[10]

On 30 August 2016, following the resignation of Emmanuel Macron as Minister of the Economy in preparation for Macron to be sworn-in as President, the duties of the office were added to Sapin's remit. He thus became the Minister for the Economy and Finance.[11][12]

Sapin supported Manuel Valls in the Socialist Party primary of 2017. Following Valls' defeat to Benoît Hamon, he supported Hamon in the presidential election while also defending Francois Hollande's record as president.[13][14]

After politics

In April 2017, he announced that he did not want to run for a new term as deputy.

In October 2019, he became a lawyer at the Paris Bar, within the law firm Franklin. The High Authority for the Transparency of Public Life (HATVP) authorized him to become a lawyer,[15] with numerous reserves. Senior advisor, he indicates that he will work "with foreign governments for the establishment of anti-corruption measures, in particular in Africa, and this within the framework of global tenders". He claimed to have prevented any conflict of interest by excluding the role of business provider, while the HATVP reported that he presented his role as consisting "in particular of bringing new business to his firm"; Sapin explained that he did not have the same definition of the profession as the HATVP.[15]

References

  1. ↑ https://www.ft.com/content/c1f84b60-def0-11e6-86ac-f253db7791c6
  2. ↑ http://www.reuters.com/article/2015/03/18/us-france-security-financing-idUSKBN0ME14720150318
  3. ↑ 3.0 3.1 3.2 3.3 3.4 https://web.archive.org/web/20071022182537/http://www.minefe.gouv.fr/directions_services/cedef/histomin/ministres/fiche088.html
  4. ↑ http://www.lefigaro.fr/politique/2013/04/04/01002-20130404ARTFIG00691-l-incroyable-destin-de-la-promotion-voltaire-de-l-ena.php
  5. ↑ 5.0 5.1 http://www.assemblee-nationale.fr/13/tribun/fiches_id/2679.asp
  6. ↑ Estelle Gross (6 July 2011), Primaire : qui soutient qui au PS ? L'Obs.
  7. ↑ https://www.lesechos.fr/02/04/2014/lesechos.fr/0203416363164_michel-sapin--un-fidele-en-charge-des-comptes-publics.htm
  8. ↑ Catherine Bremer (12 April 2013), Ministers' wealth list to expose France's "caviar left" Reuters.
  9. ↑ Catherine Bremer and John Irish (15 April 2013), Wealth inventory exposes millionaires in French government Reuters.
  10. ↑ http://www.numerama.com/politique/152360-michel-sapin-dit-non-revenu-de-base-universel.html
  11. ↑ http://www.lefigaro.fr/flash-actu/2016/08/30/97001-20160830FILWWW00216-michel-sapin-succede-a-emmanuel-macron.ph
  12. ↑ http://tempsreel.nouvelobs.com/politique/election-presidentielle-2017/20160830.OBS7133/en-direct-emmanuel-macron-devrait-presenter-sa-demission-du-gouvernement.html
  13. ↑ http://www.parismatch.com/Actu/Politique/Le-gouvernement-face-au-frondeur-Hamon-1177421
  14. ↑ http://www.europe1.fr/politique/sapin-soutient-hamon-mais-linvite-a-defendre-le-quinquennat-2965598
  15. ↑ 15.0 15.1 Vincent Jauvert, Les Voraces : les élites et l'argent sous Macron, Robert Laffont, 2020, 123 p. (lire en ligne [archive]), p. 35-37.
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