You are here: Home » PTI Stories » National » News
Business Standard

Sarkozy associate granted bail by London court

AFP  |  London 

An associate of French was granted today by a British court, after his arrest on charges linked to a probe into financing the ex-president's campaign.

French appeared at a after being detained on Sunday at on a European arrest warrant.

The ordered a 1 million pound be paid to secure the 58-year-old's release.

Wearing a dark suit with a white shirt, frequently tightening the knot on his dark blue tie, Djouhri was ordered to stay at his daughter's home in the British capital.

Embroiled in an investigation into the suspected Libyan financing of Sarkozy's 2007 campaign, he has refused to respond to summons for questioning in

Well known among France's rightwing political establishment, Djouhri is facing and money-laundering charges and will next appear in for an extradition hearing.

The Swiss resident has been a focus of the inquiry opened in 2013 by judges investigating claims by former Libyan ruler and his son that they provided funds for Sarkozy's effort.

French investigators are examining Djouhri's alleged involvement in the 2009 sale of a villa in the French Alps, for around 10 million euros, to a investment fund managed by

Djouhri is suspected of being the true owner of the villa, which was sold at a "very inflated" price, a source close to the inquiry told AFP.

Both men failed to heed summons for questioning issued by the anti-corruption investigators in September 2016.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, January 10 2018. 20:26 IST