Fresh corruption charges against Sarkozy

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Former French President Nicolas Sarkozy is to face a new legal inquest into the financing of his 2012 re-election campaign. On Monday, Sarkozy became the subject of the fresh legal probe over whether financial penalties compensated by his party should have been paid by him during his campaign.

In 2012, France’s electoral financing watchdog (CNCCFP) ruled that the former president breached a €22.5-million limit during his campaign and was ordered to pay both the €363,615 he overspent and a €153,000 advance he had received from the state. The former president may be ordered to personally pay the half million euro worth of penalties.

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On July 2, Sarkozy was charged in an inquiry into alleged corruption in the financing of his 2007 election campaign. The 59-year-old French politician is suspected of influence-peddling, corruption and benefiting from “the breach of professional secrets” in relation to allegations that he had solicited illegal funds for his election campaign from former Libyan dictator Muammar Gaddafi.

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Sarkozy denies any wrongdoing in all the cases. It is the second time the former president has been placed under such a judicial probe. In the first case, Sarkozy was questioned concerning allegations that he had received illegal donations from French billionaire Liliane Bettencourt. The case was dropped in October 2013.

Political analysts say the development could dash the Sarkozy’s
hopes of a political comeback in the 2017 presidential vote.

Source: Press TV

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