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Nicolas Sarkozy Convicted of Criminal Conspiracy Linked to Libyan Funds

Former French President Nicolas Sarkozy has been found guilty of criminal conspiracy over accepting illicit funds from Libya's late leader Muammar Gaddafi for his 2007 election campaign, though he was acquitted of other charges.

Source: bbc.co.uk1 min read
Nicolas Sarkozy Convicted of Criminal Conspiracy Linked to Libyan Funds
Image via bbc.co.uk

In brief

In a significant legal ruling, the Paris criminal court has convicted Nicolas Sarkozy of criminal conspiracy, related to allegations that he received millions from the late Libyan leader Muammar Gaddafi. While Sarkozy was acquitted of charges including passive corruption, he maintains that the case has political motivations. The investigation, sparked by claims from Gaddafi's son in 2013, has seen Sarkozy embroiled in multiple legal issues since his presidency ended in 2012.

Former French President Nicolas Sarkozy has been found guilty of criminal conspiracy in a case related to taking millions of euros of illicit funds from the late Libyan leader Col Muammar Gaddafi.

The Paris criminal court acquitted him of all other charges, including passive corruption and illegal campaign financing.

Sarkozy, who claims the case is politically motivated, was accused of using the funds from Gaddafi to finance his 2007 election campaign.

In exchange, the prosecution alleged Sarkozy promised to help Gaddafi combat his reputation as a pariah with Western countries.

Sarkozy, 70, was the president of France from 2007 to 2012.

The investigation was opened in 2013, two years after Saif al-Islam, son of the then-Libyan leader, first accused Sarkozy of taking millions of his father's money for campaign funding.

The following year, Lebanese businessman Ziad Takieddine - who for a long time acted as a middleman between France and the Middle East - said he had written proof that Sarkozy's campaign bid was 'abundantly' financed by Tripoli, and that the €50m (£43m) worth of payments continued after he became president.

Sarkozy's wife, Italian-born former supermodel and singer Carla Bruni-Sarkozy, was charged last year with hiding evidence linked to the Gaddafi case and associating with wrongdoers to commit fraud, both of which she denies.

Since losing his re-election bid in 2012, Sarkozy has been targeted by several criminal investigations.

He also appealed against a February 2024 ruling which found him guilty of overspending on his 2012 re-election campaign, then hiring a PR firm to cover it up. He was handed a one-year sentence, of which six months were suspended.

In 2021, he was found guilty of trying to bribe a judge in 2014 and became the first former French president to get a custodial sentence. In December, the Paris appeals court ruled that he could serve his time at home wearing a tag instead of going to jail.

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