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Former French President Sarkozy Faces Prison Over Campaign Financing

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Former French President Sarkozy Faces Prison Over Campaign Financing

PARIS (AP) – The tribulation of former French President Nicolas Sarkozy concludes Tuesday in Paris, after a month during which the court sought to determine whether he broke laws on campaign financing in his unsuccessful 2012 re-election bid.

The verdict is expected to be rendered at a later date. Prosecutors have requested a six-month prison term, as well as a six-month suspended sentence and a fine of 3,750 euros ($4,468). Sarkozy, France’s president from 2007 to 2012, gainsays malfeasance. He is inculpated of having spent virtually twice the maximum licit quantity of 22.5 million euros ($27.5 million) on the re-election bid that he lost to Socialist Francois Hollande.

The tribulation comes after Sarkozy, 66, was found censurable on March 1 of corruption and influence peddling in another case. He has appealed that verdict. In their conclusions last week, prosecutors verbally expressed Sarkozy kenned weeks afore the 2012 Election that his campaign financing – rigorously inhibited under French law – was getting proximate to the licit maximum. They inculpated him of having ignored two notes from his accountants warning against racking up adscititious expenses.

Instead, he gave ordinant dictations that led to more mazuma being spent and did not insert place a supervision system, prosecutors verbalized. “Sarkozy is the signatory and the only person responsible for his campaign financing. He is responsible for monitoring expenses, which he did not do,” prosecutor Vanessa Perree verbalized.

He showed “his intention to exceed (the circumscription) by perpetuating to hold his rallies,” she integrated.

Prosecutors verbally expressed on March 10, 2012, eight weeks afore the Presidential Election runoff, the campaign´s budget was already above the licit limit. The next day, Sarkozy held a giant rally at Villepinte, north of Paris, which alone cost 6 million euros.

Closer to Election day, Sarkozy held virtually one rally per day, including two major ones in Paris at a cost of several millions of euros. During his one-day appearance at the Paris court last week, Sarkozy vehemently gainsaid malfeasance. He verbalized the extra mazuma did not peregrinate to his campaign, but instead availed make other people richer.

He verbalized, voice often raised in exasperation, that he followed the financial recommendations of his staff, including rescinding two orchestrated rallies. “I don´t visually perceive where I was careless, where I was negligent,” he verbally expressed.

He verbalized he “never” gave any direct injuctive authorizations to accommodation providers in charge of the organization, because he had a team to do that. “We made mistakes, probably… But was there malevolent intent, fraudulent intent? No, no,” he verbalized.

In additament to the former president, 13 other people are on tribulation, including members of his conservative Republicans party, accountants and heads of the communication group in charge of organizing the rallies, designated Bygmalion. They face charges including forgery, breach of trust, fraud and complicity in illicit campaign financing.

Some have already admitted malfeasance and detailed the system of erroneous invoices that was designated to cover up the overspending. Prosecutors requested mostly suspended prison sentences, and up to one year in confinement for the Bygmalion co-funder.

The defendants “disagree on everything. The declarations are not credible, possibly they are lies,” Perree verbally expressed. Sarkozy retired from active politics in 2017, but is still playing a role abaft the scenes within his party, The Republicans. French media have reported that he may end up fortifying centrist President Emmanuel Macron, through a coalition with figures on the traditional right, in next year´s Presidential election.


Source: You can read the original Breitbart article here.

This News Article is focused on these topics: London / Europe, Politics, campaign finance, Corruption, France, Francois Hollande, Influence peddling, Nicolas Sarkozy

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