Authorization

French ex-President Sarkozy on trial over campaign spending

French ex-President Sarkozy on trial over campaign spendingFrench ex-President Nicolas Sarkozy is to face trial in a case over the allegedly fraudulent financing of his failed 2012 bid for re-election, judicial sources say.

According to the prosecution, Sarkozy greatly exceeded a spending limit of 22.5 million euros ($34 million) by using false billing from a public relations firm called Bygmalion. He faces accusations that his party falsified accounts in order to hide 18m euros ($20m) of campaign spending in 2012.

Sarkozy has repeatedly denied that he was aware of the overspending.

The source added that 13 others would also face trial over the so-called "Bygmalion Affair", which has involved charges of spending overruns and funding irregularities.

The case centres on claims that Sarkozy's party, then known as the UMP, connived with a friendly PR company to hide the true cost of his 2012 presidential election campaign.

France sets limits on campaign spending, and it is alleged the firm Bygmalion invoiced Sarkozy's party rather than the campaign, allowing the UMP to exceed the limit.

Employees at Bygmalion have admitted knowledge of the ruse and several UMP members already face charges.

This trial is expected to focus on whether Sarkozy himself was aware of the alleged fraud.

The decision to put Sarkozy on trial comes as French politicians face growing scrutiny over their personal finances in the build-up to this year’s presidential election in April and May.
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«    Декабрь 2018    »
ПнВтСрЧтПтСбВс
 12
3456789
10111213141516
17181920212223
24252627282930
31