France: Sarkozy Charged over Libyan Money Funding of His Election Campaign

World

Former French President Nicolas Sarkozy was handed preliminary charges Wednesday over revelations that he accepted millions of euros in illegal campaign funding from the late Libyan leader Moammar Gadhafi, Press TV reported.

A judicial official told The Associated Press that investigating judges overseeing the probe gave the ex-president charges of illegally funding his successful 2007 campaign, passive corruption and receiving money from Libyan embezzlement.

The person was not authorized to speak publicly about the case.

 The charges involving illegal campaign funding from a foreign leader are the most serious faced by a former French president in recent history. They were presented after Sarkozy was questioned for two days by anticorruption police at a station in Nanterre, northwest of the French capital.

Investigators are examining reports that “Gadhafi’s regime” secretly gave Sarkozy 50 million euros (about $62 million) overall for his presidential election bid.

The sum would be more than double the legal campaign funding limit at the time — 21 million euros. In addition, the payments would violate French rules against foreign financing and requiring that the source of campaign funds be declared.

Sarkozy, 63, who was France’s president during 2007-12, has repeatedly and vehemently denied any wrongdoing. According to the same source, he again proclaimed his innocence during his questioning by police.

The former president was released on Wednesday night, but placed under judicial supervision. Details of the restrictions he has been ordered to obey have not been revealed.

In the French judicial system, preliminary charges mean Sarkozy is personally under formal investigation in a criminal case. The judges will keep investigating the case in the next weeks and months.

At the end of their investigation, they can decide either to drop the preliminary charges or to send Sarkozy to trial on formal charges.

H.M

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