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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.
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