France’s Sarkozy faces new trial over 2012 campaign finance

France’s Sarkozy faces new trial over 2012 campaign finance

SeattlePI.com

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PARIS (AP) — French former President Nicolas Sarkozy is scheduled to go on trial Wednesday on charges that his unsuccessful reelection bid in 2012 was illegally financed.

The new case is scheduled to open two weeks after he was convicted of corruption and influence peddling in another case, a decision he has appealed.

However, the new trial is likely to be quickly suspended and postponed to a later date because one of the defense lawyers has been hospitalized with COVID-19.

The 66-year-old Sarkozy, who was president from 2007 to 2012, is facing allegations that he spent almost twice the maximum authorized amount — 22.5 million euros ($26.8 million) — in his 2012 reelection bid, which he lost to Socialist Francois Hollande.

If found guilty, he faces up to one year in prison and a fine of 3,750 euros ($4,470). He denied wrongdoing.

According to the judicial investigation, Sarkozy “indisputably benefited from fraud that allowed him to have, during his 2012 campaign, resources much superior to what the law was authorizing.”

Since 1990 and following several scandals, French law provides for a number of rules strictly limiting campaign expenses.

The investigative magistrate concluded that Sarkozy and his close entourage decided to do “spectacular and expensive rallies.” The campaign’s total cost reached at least 42.8 million euros ($51 million).

Yet the investigation didn't establish whether Sarkozy had himself ordered the fraud or if he was a participant in trying to cover up the overspending, which included forging invoices.

In addition to Sarkozy, 12 other people and the company in charge of organizing the rallies are facing trial on charges including forgery, breach of trust, fraud and complicity in illegal campaign financing.

Some during the...

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