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Woerth’s Prospects as Potential French PM Fade, La Tribune Says

June 22 (Bloomberg) -- French Labor Minister Eric Woerth’s prospects as a potential candidate to become prime minister faded after his alleged entanglement in a conflict of interest case involving L’Oreal heiress Liliane Bettencourt, La Tribune said, without citing anyone.

Transcripts of an alleged conversation by Bettencourt, taped secretly by her butler and published on the website of news service Mediapart, suggested that the heiress was planning on evading taxes, the newspaper said.

Woerth’s announcement yesterday that his wife, Florence, was resigning from her role as the manager of Bettencourt’s finances may have come too late, the financial daily said. The opposition Socialist Party has asked for Woerth’s resignation, Tribune said. Woerth has denied any wrongdoing.

Separately, the newspaper said Bettencourt has pledged to declare all of her foreign assets to comply with French laws. In the transcript, Bettencourt is alleged to have funnelled 80 million euros in undeclared funds to Swiss accounts, it said.

To contact the editor responsible for this story: Vidya Root at vroot@bloomberg.net

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