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Former French President Sarkozy, guilty of financing an illegal campaign

Rhett CallowayBy Rhett CallowaySeptember 30, 2021No Comments3 Mins Read
Former French President Sarkozy, guilty of financing an illegal campaign

The French judiciary has sentenced former conservative President Nicolas Sarkozy to a year in prison for illegally financing an election campaign, after he exceeded the spending limit in the 2012 presidential election.

The former head of state between 2007 and 2012, who did not attend the recitation of the ruling, “continued to organize rallies,” despite warning “in writing of the danger of exceeding” the legal spending limit, according to the ruling. .

“It was not his first campaign. He already had experience as a candidate,” added Chief Justice Caroline Figuet, who imposed the maximum possible sentence: a year in prison.

Sarkozy, 66, in March became the first former president of the Fifth Republic (a regime that began in 1958) to be sentenced to rigorous imprisonment (one year), on charges of corruption and abuse of power in another case. His defense appealed the verdict.

Thursday’s conviction comes in the alleged Pygmalion case, which was immersed in the calculations of the 2012 presidential campaign, which then-President lost against socialist François Hollande.

The sentence is more than 12 months in prison, six of which are suspended, the prosecution claimed at the end of the trial in the middle of the year for this campaign of “American shows”, in which he allowed expenses to pass without worrying about them.

This overspend was later hidden in a financial arrangement between the ruling Unión por un Movimiento Popular (UMP) party – currently Los Republicanos – and the company that organized the events, Bygmalion.

Unlike the other 13 defendants, who were sentenced to between two and three and a half years in prison, the former head of state was not charged with the double billing system in place, but rather for “unlawful campaign financing.”

Specifically, €42.8 million (about $49.6 million at the current exchange rate) was spent, nearly double the legal limit.

“It’s a story,” Sarkozy said during the trial. He added, “I would like you to explain to me why I campaigned more in 2012 than in 2007. This is wrong!”

The former president also has other operations open. Justice accuses him of passive corruption and association of criminals, among other crimes, over alleged Libyan funding of his 2007 campaign that led him to the Elysee.

He is also being investigated by the National Financial Prosecutor’s Office (PNF) on charges of abuse of influence and laundering of a crime or offense, in connection with his advisory activities in Russia.

Rhett Calloway

Rhett Calloway is a contributor at amicohoops.net, covering a wide range of topics including news, politics, business, technology, sports, entertainment, and lifestyle. He focuses on clear, accurate reporting and delivering useful information that helps readers stay informed about current events and emerging trends. With a reader-first approach, Rhett highlights stories that matter, providing balanced coverage and accessible insights on issues shaping communities in the United States and beyond.

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