Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Former French President Nicolas Sarkozy guilty of illegal campaign financing, receives 1-year sentence

Former French President Nicolas Sarkozy guilty of illegal campaign financing, receives 1-year sentence

Former French President Nicolas Sarkozy was sentenced on Thursday to one year in prison for illegal campaign financing in his failed 2012 re-election bid, making him the first French head of state in modern times to receive two jail terms.

Former French President Nicolas Sarkozy (center) arrives at a hearing for the "Bygmalion case," in Paris in June.

It is unlikely that Sarkozy will serve his sentence behind bars: The judge said he could serve the sentence by wearing an electronic bracelet at home. All 13 co-defendants have been found guilty.

"Nicolas Sarkozy knew the spending limit," the judge said. "He knew he shouldn't exceed it."

Speaking outside of the courtroom on Thursday, Sarkozy's lawyer Thierry Herzog told French media that he would be launching an appeal.

This is the second criminal case involving Sarkozy. In March he was handed a three-year prison sentence, two of which were suspended, for corruption and influence peddling. The 66-year-old has appealed the March conviction.

First started in March 2014, the criminal investigation into what has been dubbed the "Bygmalion case," discovered that Sarkozy's campaign spent more than $54 million during the campaign by using fake invoices, way above the limit of $24 million set by French electoral laws.

Sarkozy fought a lengthy legal battle trying to prevent the trial from happening but his appeal was rejected in late 2018 and the trial opened on May 20, 2021, after having been delayed for two months due to a key defendant's lawyer being hospitalized for Covid-19.

The legal ceiling for campaign funds was a well-known fact within Sarkozy's campaign team. On March 7, 2012, they received their first memo from their accountants warning them of the quickly expanding campaign cost, urging them to "correct the trajectory," said Guillaume Lambert, Sarkozy's 2012 campaign manager, in an interview with France 2 television earlier this year.

Lambert said he told Sarkozy about the memo and indicated to him the necessity to cut campaign spending, while Sarkozy maintained that he had no knowledge of the overspending.

Sarkozy's legal woes are not over yet as French prosecutors are looking into alleged illegal campaign funding from Libya. Libya's former leader, the late Moammar Gadhafi, allegedly provided Sarkozy's 2007 campaign with millions of euros shipped to Paris in suitcases.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
One in Three Europeans Now Uses TikTok, According to the Chinese Tech Giant
Could AI Nursing Robots Help Healthcare Staffing Shortages?
NATO Deploys ‘Eastern Sentry’ After Russian Drones Violate Polish Airspace
The New Life of Novak Djokovic
German police raid AfD lawmaker’s offices in inquiry over Chinese payments
Volkswagen launches aggressive strategy to fend off Chinese challenge in Europe’s EV market
France Erupts in Mass ‘Block Everything’ Protests on New PM’s First Day
Poland Shoots Down Russian Drones in Airspace Violation During Ukraine Attack
Apple Introduces Ultra-Thin iPhone Air, Enhanced 17 Series and New Health-Focused Wearables
Macron Appoints Sébastien Lecornu as Prime Minister Amid Budget Crisis and Political Turmoil
Vatican hosts first Catholic LGBTQ pilgrimage
Apple Unveils iPhone 17 Series, iPhone Air, Apple Watch 11 and More at 'Awe Dropping' Event
France joins Eurozone’s ‘periphery’ as turmoil deepens, say investors
France Faces New Political Crisis, again, as Prime Minister Bayrou Pushed Out
Nayib Bukele Points Out Belgian Hypocrisy as Brussels Considers Sending Army into the Streets
France, at an Impasse, Heads Toward Another Government Collapse
The Country That Got Too Rich? Public Spending Dominates Norway Election
EU Proposes Phasing Out Russian Oil and Gas by End of 2027 to End Energy Dependence
More Than 150,000 Followers for a Fictional Character: The New Influencers Are AI Creations
EU Prepares for War
Trump Threatens Retaliatory Tariffs After EU Imposes €2.95 Billion Fine on Google
Tesla Board Proposes Unprecedented One-Trillion-Dollar Performance Package for Elon Musk
Gold Could Reach Nearly $5,000 if Fed Independence Is Undermined, Goldman Sachs Warns
Uruguay, Colombia and Paraguay Secure Places at 2026 World Cup
Trump Administration Advances Plans to Rebrand Pentagon as Department of War Instead of the Fake Term Department of Defense
Big Tech Executives Laud Trump at White House Dinner, Unveil Massive U.S. Investments
Tether Expands into Gold Sector with Profit-Driven Diversification
‘Looks Like a Wig’: Online Users Express Concern Over Kate Middleton
Florida’s Vaccine Revolution: DeSantis Declares War on Mandates
Trump’s New War – and the ‘Drug Tyrant’ Fearing Invasion: ‘1,200 Missiles Aimed at Us’
"The Situation Has Never Been This Bad": The Fall of PepsiCo
At the Parade in China: Laser Weapons, 'Eagle Strike,' and a Missile Capable of 'Striking Anywhere in the World'
The Fashion Designer Who Became an Italian Symbol: Giorgio Armani Has Died at 91
Putin Celebrates ‘Unprecedentedly High’ Ties with China as Gazprom Seals Power of Siberia-2 Deal
China Unveils New Weapons in Grand Military Parade as Xi Hosts Putin and Kim
Rapper Cardi B Cleared of Liability in Los Angeles Civil Assault Trial
Google Avoids Break-Up in U.S. Antitrust Case as Stocks Rise
Couple celebrates 80th wedding anniversary at assisted living facility in Lancaster
Information Warfare in the Age of AI: How Language Models Become Targets and Tools
The White House on LinkedIn Has Changed Their Profile Picture to Donald Trump
"Insulted the Prophet Muhammad": Woman Burned Alive by Angry Mob in Niger State, Nigeria
Trump Responds to Death Rumors – Announces 'Missile City'
Druzhba Pipeline Incident Sparks Geopolitical Tensions
Cost of Opposition Leader Péter Magyar's Economic Plan Revealed
Germany in Turmoil: Ukrainian Teenage Girl Pushed to Death by Illegal Iraqi Migrant
United Krack down on human rights: Graham Linehan Arrested at Heathrow Over Three X Posts, Hospitalised, Released on Bail with Posting Ban
Asian and Middle Eastern Investors Avoid US Markets
Ray Dalio Warns of US Shift to Autocracy
Eurozone Inflation Rises to 2.1% in August
Russia and China Sign New Gas Pipeline Deal
×