Former French President Sarkozy Arrested “Over Campaign Financing”

Nicolas Sarkozy (L) greets Libyan leader Muammar Gaddafi in 2007 in Paris

Former French President Sarkozy Arrested “Over Campaign Financing”:

Former French president Nicolas Sarkozy was arrested on Tuesday morning in connection with a probe into the financing of his successful 2007 presidential run which allegedly included funding from late Libyan dictator Muammar Gaddafi.

Sarkozy – who was president of France from 2007 until 2012 – is said to have accepted €50MM from Gaddafi’s regime, claims which have been repeated by the late Libyan dictator’s son and French businessman Ziad Takieddine, SkyNews reported. That amount would be more than double the legal spending limit in French elections at that time, which was €21MM. Alleged payments would also violate French laws on foreign financing and declaring the source of campaign funds.

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