Newspaper article The Evening Standard (London, England)

Sarkozy Arrested over 'PS42m Campaign Fund Donation from Gaddafi'

Newspaper article The Evening Standard (London, England)

Sarkozy Arrested over 'PS42m Campaign Fund Donation from Gaddafi'

Article excerpt

Byline: FRANCE Peter Allen in Paris

FORMER French president Nicolas Sarkozy was today arrested over claims that he illegally received PS42 million from the late Libyan dictator Colonel Gaddafi.

Mr Sarkozy, 63, was arrested by judicial police in Paris and taken into custody. He is said to have received the kickbacks in 2007, during his successful election campaign. Under French law, candidates are banned from receiving cash payments in excess of PS6,300 and the donation is said to have been laundered through bank accounts in Panama and Switzerland.

Mr Sarkozy has previously denied receiving Libyan financing but could now face corruption charges within the next 48 hours. A document made public in Paris is reported to show that Mr Sarkozy and Muammar Gaddafi made an illegal deal. Signed by Mussa Kussa, Gaddafi's intelligence chief, in 2006, it refers to an "agreement in principle to support the campaign for the candidate for the presidential elections, Nicolas Sarkozy, for a sum equivalent to [euro]50 million". …

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