French ex-President Nicolas Sarkozy found guilty of illegal campaign financing ...Middle East

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Paris: Former French President Nicolas Sarkozy was found guilty of illegal campaign financing by a Paris appeal court which gave him a one-year prison sentence, half of which was suspended. The court found that Sarkozy spent 42.8 million euros ($45.9 million) for his presidential campaign in 2012 while the maximum amount allowed in France at the time was 22.5 million euros, Xinhua news agency reported. To conceal the massive overrun, a system of double invoicing had been set up, according to French press. Sarkozy “undoubtedly benefited from frauds that gave him far greater means than those authorized by law” though “the investigation did not establish that he had ordered them, or that he ha

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Last updated : 15 February 2024 clock 04:41 AM

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French ex-President Nicolas Sarkozy found guilty of illegal campaign financing ...Middle East

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