French Ex-President Facing Trial For Receiving Campaign Funds From Gaddafi

Former French President Nicolas Sarkozy is facing trial over the allegation of receiving about €42 Million of campaign funds in the 2007 election from Former Libyan President Late Muammar Gaddafi.

Sarkozy is accused of misusing his influence to secure leaked details of an inquiry into alleged irregularities in his 2007 election campaign.

Sarkozy is said to have received the kickbacks in 2007 during the presidential election campaign that swept him to power for a single five-year term.

French law bans candidates from receiving cash payments above £6,300, but the massive donation is said to have been laundered through bank accounts in Panama and Switzerland.

Sarkozy denied the accusations and was granted bail. The charges came after Sarkozy who was president between 2007 and 2012 was interrogated for two days by detectives at Nanterre station outside Paris.


Categories: News, Politics, World

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