Published by Global Banking & Finance Review®
Posted on September 25, 2025
1 min readLast updated: January 21, 2026
Add as preferred source on GoogleNicolas Sarkozy was found guilty of conspiracy in a case involving illegal campaign financing from Libya for his 2007 presidential campaign. He was acquitted of other charges.
PARIS (Reuters) -The Paris criminal court found former French president Nicolas Sarkozy guilty of criminal conspiracy in a case related to the provision of millions of euros in illegal financing from late Libyan strongman Muammar Gaddafi for his successful 2007 presidential bid.
Prosecutors alleged that Sarkozy, who has always denied the charges, made a deal with Gaddafi in 2005, when he was France's interior minister, to obtain campaign financing in exchange for supporting the then-isolated Libyan government on the international stage.
Sarkozy was acquitted of all other charges. The ruling is ongoing.
(Reporting by Juliette Jabkhiro; Writing by Makini Brice; editing by Richard Lough)
Illegal financing refers to the provision of funds for activities that violate laws or regulations. This can include money obtained through corrupt practices or without proper authorization.
A criminal procedure code is a set of laws that outlines the process for investigating and prosecuting crimes. It governs how criminal cases are handled in the legal system.
Explore more articles in the Headlines category
