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    Sarkozy to stand trial in 2025 over allegations of funding from Libya

    David GreatBy David GreatAugust 25, 2023No Comments2 Mins Read
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    Sarkozy to stand trial in 2025 over alleged campaign funding from Libya
    The 68-year-old has already been convicted twice for corruption and influence-peddling in separate cases involving attempts to influence a judge and campaign financing.
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    Former French president Nicolas Sarkozy will be tried in 2025 over allegations he took money from late Libyan dictator Moamer Kadhafi to fund one of his election campaigns, prosecutors said Friday.

    The trial is set to hear explosive evidence that the rightwinger, along with 12 other co-defendants, conspired to take cash from the Libyan leader to illegally fund his victorious 2007 bid for the presidency.

    Sarkozy, who has faced a litany of legal problems since his one term in office, denies the Libyan allegations — the most serious he faces.

    The 68-year-old has already been convicted twice for corruption and influence-peddling in separate cases involving attempts to influence a judge and campaign financing.

    Sarkozy has appealed against both judgements.

    Among the others facing trial over the alleged Libyan corruption are heavyweights such as Sarkozy’s former right-hand man Claude Gueant, his then head of campaign financing Eric Woerth and former minister Brice Hortefeux.

    The investigation was sparked by revelations from the investigative website Mediapart which published a document purporting to show that Kadhafi agreed to give Sarkozy up to 50 million euros ($54 million at current rates).

    The two leaders enjoyed surprisingly cordial ties, with Sarkozy letting the Libyan strongman pitch his Bedouin tent opposite the Elysee Palace on a state visit to France just months after his election.

    • Macron calls crisis meeting after police kill teenager, arrest 150 in France unrest

    Sarkozy has been back in the news in recent weeks in France after publishing the second volume of his memoirs and suggesting that areas of Ukraine occupied by Russia after the Kremlin’s invasion last year might need to be recognised as Russian.

    He also said that the annexed region of Crimea would remain Russian and that “any return to the way things were before is an illusion.”

    Sarkozy took a lead role in negotiating Russia’s partial withdrawal from Georgia after Russian President Vladimir Putin’s invasion in 2008 and he and his prime minister, Francois Fillon, enjoyed friendly relations with the Kremlin leader.

    Sarkozy faces a separate probe into possible potential influence-peddling after he received a payment by Russian insurance firm Reso-Garantia of three million euros in 2019 while working as a consultant.

     

    AFP

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    Zenith Bank headquarters illustrating a cyberattack and customer data breach affecting limited customer information.

    Hackers hit Zenith Bank, steal customers’ information

    August 4, 2026
    President Bola Tinubu has enacted an executive order that creates a unified regulatory structure for virtual assets in the nation.

    Tinubu approves 30% to 80% salary increase for military personnel

    August 4, 2026
    Education Minister Dr Tunji Alausa announces adoption of Kaduna's household mapping model to identify out-of-school children nationwide.

    FG orders expulsion of students found guilty of kidnapping

    August 4, 2026
    APC to resolve Fubara, Wike crisis

    Wike reveals why Fubara wasn’t allowed to seek reelection

    August 4, 2026
    FG moves to secure new $1.25bn World Bank loan amid debt concerns

    World Bank urges Nigeria, other developing countries to embrace AI

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