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Showing posts with label Illegal Campaign Financing. Show all posts
Showing posts with label Illegal Campaign Financing. Show all posts

10/2/19

France: Appeals court orders former French president Sarkozy to stand trial for illegal campaign financing

France’s highest appeals court on Tuesday rejected a bid by former President Nicolas Sarkozy to avoid facing trial over the alleged illegal financing of his failed re-election campaign in 2012.

The decision by the French “Cour de Cassation” means the case will now return to prosecutors who will decide whether Sarkozy should be tried. He denies any wrongdoing.

The so-called “Bygmalion” case against Sarkozy centres on accusations that the former president’s political party, then known as the UMP, worked with a public relations firm to hide the true cost of his re-election bid.

France sets strict limits on campaign spending. Prosecutors say the PR firm, Bygmalion, invoiced the UMP rather than the campaign, allowing Sarkozy to spend almost double the permitted amount.

Even though investigating magistrates found no evidence that Sarkozy set up the fraudulent system, took part in it or was even informed about it, they said they considered it unlikely that he had left it solely to staff to take decisions on such matters.

Read more at: Appeals court orders former French president Sarkozy to stand trial for illegal campaign financing

3/22/13

France: Police inquiry threatens to derail Sarkozy comeback

Nicolas Sarkozy
Just as rumours about a potential bid by Sarkozy to recapture the presidency in 2017 were swirling, the former French president finds himself suspected of accepting millions in cash from a wealthy heiress suffering from poor mental health.

Still popular with right-wing voters, he has framed his future decision as a matter of duty to his country, telling right-leaning French magazine Valeurs Actuelles earlier this month: “There will unfortunately come a time when the question will no longer be ‘Do you want to?’ but ‘Do you have any choice?’.”

But Sarkozy’s hopes of moving back into the Elysée Palace in four years appeared damaged Friday morning, after the former French president was placed under investigation for illegal party financing.

Read more: Police inquiry threatens to derail Sarkozy comeback - FRANCE - FRANCE 24