Sarkozy Faces Mounting Evidence in Libyan Campaign Financing Trial
The former French president denies accusations of corruption as financial records and testimonies from Libyan officials are scrutinized in court.
- Nicolas Sarkozy is on trial over allegations that his 2007 presidential campaign was illegally financed by funds from Muammar Gaddafi's Libyan regime.
- Sarkozy has repeatedly denied the accusations, asserting that no Libyan money was involved and that the claims are politically motivated retaliation for France's role in Gaddafi's downfall.
- Key evidence includes the diaries of former Libyan oil minister Choukri Ghanem, which document alleged payments totaling 6.5 million euros to Sarkozy's campaign via intermediaries.
- The prosecution has highlighted financial transactions tied to Ziad Takieddine, a Franco-Lebanese businessman, who is accused of funneling Libyan funds but is currently in exile in Lebanon.
- Sarkozy's defense argues that any funds diverted by Takieddine were unknown to him, while prosecutors question why Libya would release millions without guarantees of political return.