Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
Via AP news wire

France's Sarkozy faces jail term in campaign financing case

ASSOCIATED PRESS

Former French President Nicolas Sarkozy is facing a potential prison term in a verdict to be rendered on Thursday about campaign financing in his unsuccessful 2012 re-election bid — a ruling that comes seven months after he was convicted in a corruption and influence peddling case.

Sarkozy, France’s president from 2007 to 2012, has vigorously denied wrongdoing during the May-June trial.

He is accused of having spent almost twice the maximum legal amount of 22.5 million euros ($27.5 million) on the reelection bid that he lost to Socialist Francois Hollande

Prosecutors have requested a six-month prison term, as well as a six-month suspended sentence and a fine of 3,750 euros ($4,354).

Thursday's verdict comes after Sarkozy, 66, was found guilty on March 1 of corruption and influence peddling in another case. He was given one year in prison and two years suspended in that case but is free pending appeal.

In the campaign financing case, prosecutors concluded that Sarkozy knew weeks before the 2012 election that his expenses — which are strictly limited under French law — were getting close to the legal maximum. They accused him of having ignored two notes from his accountants warning about the money issue.

Prosecutors argued Sarkozy is “the only person responsible for his campaign financing” and that he chose to exceed the limit by organizing many rallies, including giant ones.

During his hearing, Sarkozy told the court the extra money did not go into his campaign, but instead helped make other people richer. He denied any “fraudulent intent.” He also insisted he did not handle day-to-day organization because he had a team to do that and therefore could not be blamed for the amount of spending.

In addition to the former president, 13 other people went on trial, including members of his conservative Republicans party, accountants and heads of the communication group in charge of organizing the rallies, Bygmalion. They face charges including forgery, breach of trust, fraud and complicity in illegal campaign financing.

Some have acknowledged wrongdoing and detailed the system of false invoices that aimed to cover up the overspending.

Prosecutors have requested mostly suspended prison sentences, and up to one year in prison for Bygmalion's co-founder.

Sarkozy retired from active politics in 2017, but is still playing a role behind the scenes. French media have reported that he is involved in the process of choosing a conservative candidate ahead of France s presidential election next year.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.