Sarkozy Trial Probes Corruption Allegations Tied to Libyan Funds
Key testimony this week examined a luxury watch gifted to Claude Guéant and alleged financial ties to Libyan intermediaries.
- The trial centers on allegations that Nicolas Sarkozy's 2007 presidential campaign was illegally funded by Libyan dictator Muammar Gaddafi's regime.
- Testimony highlighted a luxury Patek Philippe watch worth €11,300, gifted in 2006 by businessman Alexandre Djouhri to Claude Guéant, Sarkozy's former chief of staff.
- Prosecutors argue the watch may have been an attempt to gauge Guéant's susceptibility to corruption, a claim both Guéant and Djouhri deny, citing 'pure friendship.'
- The court also examined €500,000 allegedly transferred to Guéant in 2008, which the defense claims came from selling Flemish paintings, though prosecutors suspect Libyan funds.
- The trial, involving 13 defendants including Sarkozy, continues through April, with broader allegations of corruption and financial misconduct under scrutiny.