Antoine Magnant was appointed Wednesday as head of Tracfin, the financial intelligence unit attached to the Ministry of the Economy, according to the report from the Council of Ministers.
A graduate of the National School of Administration (ENA), he “specialized in taxation, accounting, the fight against fraud and the organization and improvement of the operational and human performance of the General Directorate of Public Finances of which he has been Deputy Director General since 2018,” specifies a press release from Bercy.
At the start of the year and until recently, he also served as interim director general of public finances.
Antoine Magnant will replace from April 1 Alban Genais, who has been acting in the French service responsible for the fight against money laundering, terrorist financing and tax fraud since the end of February and the departure of Guillaume Valette-Valla.
Internal report
If the departure of Guillaume Valette-Valla was officially "at his request", the media L'Informé had mentioned a few days before an internal report "very critical on his management" and cited "burn-outs, repeated sick leave" and an “exceptionally high” employee departure and replacement rate.
The former director had defended at the end of January, in the European Parliament, the candidacy of Paris to host the future European authority for the fight against money laundering and the financing of terrorism (AMLA) and its approximately 250 employees.
But it is ultimately in Frankfurt in Germany that this organization will settle.