World
Nicolas Sarkozy Found Guilty of Criminal Conspiracy in Libya Case
Sarkozy, who claims the case is politically motivated, was accused of using the funds from Gaddafi to finance his 2007 election campaign.
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.
(BBC)
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
-
Investigations1 week agoCement, Cash and Courts: How the Hashu Dynasty Crushed the Ramji Brothers for Fourteen Years and Why the Walls Are Now Closing In
-
Investigations6 days agoInside The Urban Planning Cartel That Owns Nairobi
-
Business1 day agoStandard Chartered Ghosts Haunt Joshua Oigara At Stanbic As Whistleblower Spills Beans
-
Business2 days agoInside NCBA’s Decline: How a Banking Giant Lost Its Strategic Edge
-
Investigations2 weeks agoBetika Faces DCI Probe, Directors Arrest and License Revocation Over Massive 29.5 Million Safaricom Customers’ Data Breach
-
Investigations1 week agoFresh Move Launched to Remove Kenya Railways MD Mainga From Office After Awarding Sh817 Million Consultancy Contract
-
Business1 week agoTRUST BETRAYED: How Senior DTB Bank Insiders Allegedly Looted Sh149 Million From a Customer’s Account Over Five Years
-
News2 weeks agoHow Uhuru’s Deal With Obama In 2015 Paved Way For America’s Ebola Plan In Kenya
