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Sarkozy to face trial over alleged Gaddafi funding for 2007 presidential campaign
Sarkozy to face trial over alleged Gaddafi funding for 2007 presidential campaign
French magistrates have ordered former president Nicolas Sarkozy and 12 others to go on trial on charges that his 2007 presidential campaign received millions in illegal financing from the government of the late Libyan leader Muammar Gaddafi. The national financial prosecutor, Jean-Francois Bohnert, announced that the decade-long investigation has been formally closed. The trial will run from January to April 2025, the statement said. The case is the biggest of multiple corruption investigations involving Sarkozy. He has been convicted in two others. He denies wrongdoing in all cases. In the Libya case, he is charged with illegal campaign financing, embezzling, passive corruption and related counts. Sarkozy has been under investigation in the Libya case since 2013. Investigators examined claims that Gaddafi's government secretly gave Sarkozy 50 million euros (£42 million) for his winning 2007 campaign. The sum would be more than double the legal campaign funding limit at the time and would violate French rules against foreign campaign financing. The investigation gained traction when French-Lebanese businessman Ziad Takieddine told news site Mediapart in 2016 that he had delivered suitcases from Libya containing five million euros (£4.2 million) in cash to Sarkozy and his former chief of staff. Takieddine later reversed course and Sarkozy sought to have the investigation closed. In May, the National Financial Prosecutor’s Office (PNF) demanded that Sarkozy be tried, citing charges against him of "concealment of laundering public funds, passive corruption, illegal campaign financing and criminal conspiracy with a view to committing a crime punishable by 10 years in jail". Investigating magistrates, who had the last word, gave the go-ahead for a trial, the PNF said. After becoming president in 2007, Sarkozy welcomed Gaddafi to France with high honours later that year. Sarkozy then put France at the forefront of Nato-led air strikes that helped rebel fighters topple Gaddafi's government in 2011. In an unrelated case, Sarkozy was sentenced to a year under house arrest for illegal campaign financing of his unsuccessful 2012 re-election bid. He is free while the case is pending appeal. He was also found guilty of corruption and influence peddling in another case and sentenced to a year under house arrest in an appeals trial in May this year. He took the case to France's highest court, which suspended the sentence. Associated Press Read More French former President Nicolas Sarkozy to go on trial over Libya financing for 2007 campaign Wagner leader ‘killed’ in plane crash: Your questions answered by an expert Minister calls out ‘arsonist scum’ as 79 arrested over Greece wildfires
2023-08-25 22:29
Joe Biden, America's oldest sitting president, needs young voters to win again. Will his age matter?
Joe Biden, America's oldest sitting president, needs young voters to win again. Will his age matter?
Joe Biden is already the oldest sitting president in American history at age 80
2023-07-30 20:48
Japan to Hold Three-Way Meeting With Officials as Yen Weakens
Japan to Hold Three-Way Meeting With Officials as Yen Weakens
Officials from Japan’s Ministry of Finance, the Bank of Japan and Financial Services Agency will hold their first
2023-05-30 15:55
G20 per capita coal emissions growing: research
G20 per capita coal emissions growing: research
G20 per capita coal emissions continue to rise despite climate pledges and transition efforts by some members of the group of major...
2023-09-05 12:25
Adin Ross takes sides in xQc vs Adept drama, declares winner amid ongoing controversy: ‘Let her keep the McLaren'
Adin Ross takes sides in xQc vs Adept drama, declares winner amid ongoing controversy: ‘Let her keep the McLaren'
xQc and Adept were involved in a bitter court case and xQc recently opened up about claims she made in an assault case, calling them 'outrageous'
2023-10-06 12:48
Twitch streamer xQc in hot water as Adept files protective order
Twitch streamer xQc in hot water as Adept files protective order
xQc and Adept drama gets ugly
2023-06-11 14:47
Bob Knight, Indiana’s combustible coaching giant, dies at age 83
Bob Knight, Indiana’s combustible coaching giant, dies at age 83
The turbulent and brilliant basketball coach Bob Knight has died
2023-11-02 07:53
Mexico seeks diplomatic arrangements to return LatAm migrants
Mexico seeks diplomatic arrangements to return LatAm migrants
MEXICO CITY Mexico's national migration institute (INM) on Friday said it has asked the foreign ministry to make
2023-10-07 03:20
Whom did Joe Rogan blame for Will Smith always being on 'verge of crying'? 'He lives in hell'
Whom did Joe Rogan blame for Will Smith always being on 'verge of crying'? 'He lives in hell'
Joe Rogan, in a recent podcast episode, called Will Smith an 'amazing actor' and said that his Oscars incident was 'an impulse'
2023-06-07 14:18
Analysis-Fever over BlackRock's bitcoin fund faces chill of rate hikes and regulations
Analysis-Fever over BlackRock's bitcoin fund faces chill of rate hikes and regulations
By Elizabeth Howcroft LONDON BlackRock's plans for a bitcoin fund have helped push the world's largest cryptocurrency to
2023-06-26 20:49
James Jaronczyk: NY speedboat racer's body discovered following fatal rogue wave accident
James Jaronczyk: NY speedboat racer's body discovered following fatal rogue wave accident
James Jaronczyk was known as a racing boat pilot and was described as someone who was skilled in boating
2023-05-12 05:15
US fighter jets scrambled to respond to aircraft that ultimately crashed in Virginia, US official says
US fighter jets scrambled to respond to aircraft that ultimately crashed in Virginia, US official says
US F-16 fighter jets scrambled Sunday to respond to an aircraft that ultimately crashed in southwest Virginia, according to a US official.
2023-06-05 06:23