Imagine Aliko Dangote Applying to Become a South African Citizen

Must Read

Coronavirus: ‘Consult Native Doctors For Solution’ – Enugu Monarch Tells FG

The traditional ruler of Owerre Autonomous Community in Nsukka Local Government Area,  Enugu State, Igwe Emeka Ugwu has asked the Nigerian...

Ministers Donate 50 Percent Of March Salary To Help Stop COVID-19 – Lai Mohammed

Nigeria's minister for culture and information, Alhaji Lai Mohammed says the 43 ministers of the nation have forfeited 50...

Coronavirus: US Moves To Evacuate Citizens In Nigeria

The US government has revealed plans to evacuate its citizens in Nigeria despite airport closures due to the coronavirus...

Coronavirus: All 51 Italian Doctors Who Tested Positive, Dead

The Italian Association of Doctors have confirmed the death of 51 doctors who all died after testing positive for...

Coronavirus: Enugu State Close Its Borders, Markets After Recording First Case

The Enugu State Government has announced the closure of its borders and markets, just after two cases of coronavirus...
News is my life; my life is good news!

That title above is perhaps the closest we can come in trying to clearly present this bit of news from a foreign land (France) to people in this part of the world.

The richest man in France, Bernard Arnault, said on September 8th that he had applied for Belgian nationality in order to become a dual French-Belgian citizen.

Arnault, founder and chief executive of LVMH (acronym for Louis Vuitton, Moët Hennessy) a French multinational apparels and accessories company headquartered in Paris, must have made this decision following news that the new Socialist government is preparing to implement a promise from President François Hollande’s election campaign to tax incomes of over €1m ($1.3m) at a marginal rate of 75%.

However, in order to protect his group’s reputation, Mr Arnault has said he will continue to pay tax in France for the moment. He also claims his application is linked to personal investments in Belgium.



- Advertisement -


Please enter your comment!
Please enter your name here

More Articles Like This

- Advertisement -