Nicolas Sarkozy to face trial over 2012 campaign financing
The former French president Nicolas Sarkozy is to face trial for alleged fraudulent financing of his failed 2012 bid for re-election, a legal source has said.
The case centres on an alleged system of false accounting used by Sarkozy’s officeto conceal an enormous campaign overspend, mainly on the lavish rallies and US-style stadium gigs that cemented Sarkozy’s reputation as a political showman.
The limit on presidential campaign spending in France is €22.5m (£19.5m), and investigators suspect Sarkozy’s campaign spent €23m on top of that. Sarkozy has always denied any wrongdoing in the case, or even any knowledge of Bygmalion, an events company that allegedly concealed the overspend.
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