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Sarkozy convicted by French court in campaign financing case

He is accused of having spent almost twice the maximum legal amount of 22.5 million euros ($27.5 million) on the reelection bid that he lost to Socialist Francois Hollande

Nicolas Sarkozy
Former French President Nicolas Sarkozy
AP Paris
1 min read Last Updated : Sep 30 2021 | 2:45 PM IST

Former French President Nicolas Sarkozy was found guilty Thursday of illegal campaign financing of his unsuccessful 2012 reelection bid.

Sarkozy wasn't present at the Paris court for the verdict's announcement.

He is accused of having spent almost twice the maximum legal amount of 22.5 million euros ($27.5 million) on the reelection bid that he lost to Socialist Francois Hollande.

Sarkozy, France's president from 2007 to 2012, has vigorously denied wrongdoing. He has the possibility to appeal the decision.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Nicolas SarkozyFrance

First Published: Sep 30 2021 | 2:45 PM IST

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