Sarkozy charges maintained in party funding scandal

Image
AFP Bordeaux (France)
Last Updated : Sep 24 2013 | 5:21 PM IST
A French appeal court today threw out a bid by former president Nicolas Sarkozy to have corruption charges linked to his 2007 election campaign dropped.
Lawyers for Sarkozy and a number of other people who have been charged in connection with the party funding scandal had asked the court to rule inadmissible pivotal medical evidence relating to the health of France's richest woman, Liliane Bettencourt.
Sarkozy was charged in March with accepting envelopes stuffed with cash from the L'Oreal heiress when she was too frail to understand what she was doing, to fund his successful 2007 campaign.
The charges against him are based partly on a medical report which states that Bettencourt, now 90, had suffered from dementia since at least 2006.
Sarkozy's lawyers had challenged the validity of the medical evidence on a procedural point, arguing that the legal-medical expert who wrote the report was a close friend of one of the examining magistrates in charge of the case, and therefore not neutral.
That argument was rejected and the examining magistrates will now have to decide whether to send Sarkozy and 11 others charged with various offences for trial.
That decision is not straightforward as the prosecutor in the case has recommended that the charges against Sarkozy and five others should be dropped because of a lack of compelling evidence against them.
If convicted, Sarkozy faces up to three years in jail, a fine of USD 480,000, and a five-year ban from public office which would destroy any hope he entertains of making a political comeback.
Separately, Sarkozy is also being investigated over allegations that he accepted up to USD 65 million cash from former Libyan dictator Muammar Gaddafi for the 2007 campaign.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 24 2013 | 5:21 PM IST

Next Story