• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Former French President Nicolas Sarkozy sentenced to five years in Libya corruption case

by September 25, 2025
written by September 25, 2025

Former French President Nicolas Sarkozy has been sentenced to five years in prison after being found guilty of criminal conspiracy in a scheme to finance his 2007 presidential campaign with Libyan funds, The Associated Press reported Thursday.

The ruling marks the first time in modern French history that a former president will serve time behind bars. 

The court in Paris said Sarkozy, 70, would not be taken into custody immediately but will begin serving his sentence on a date to be determined later.

‘If they absolutely want me to sleep in prison, I will sleep in prison. But with my head held high. I am innocent. This injustice is a scandal,’ Sarkozy said outside the courthouse with his wife, singer and model Carla Bruni-Sarkozy, according to the AP. 

‘What they humiliated today is France,’ he insisted. 

The panel of judges found Sarkozy guilty of criminal association between 2005 and 2007, when he served as interior minister. 

He was also found guilty of permitting close aides to seek campaign money from Libya in exchange for diplomatic favors during the rule of late dictator Muammar Gaddafi.

He was however acquitted of three other charges, including passive corruption and illegal campaign financing.

In court, chief judge Nathalie Gavarino also said the conspiracy aimed ‘to prepare an act of corruption at the highest possible level in the event that you were elected President of the Republic,’ the AP reported. 

She also described the facts as ‘exceptionally serious’ and damaging to public trust in democratic institutions.

Sarkozy, who led France from 2007 to 2012, had rejected the allegations during the three-month trial, calling them an ‘idea’ pushed by aides without his approval. 

‘I am being convicted for supposedly allowing my staff to pursue the idea — the idea of illegal financing,’ he said.

Two of Sarkozy’s longtime allies were also convicted Thursday. 

Former Interior Minister Brice Hortefeux received a two-year sentence to be served under electronic monitoring.

Claude Guéant, Sarkozy’s ex-chief of staff, was sentenced to six years in prison but spared immediate incarceration for health reasons. 

Judges said the men had secretly met with Libyan intelligence chief Abdullah al-Senoussi, brother-in-law of Moammar Gadhafi, as part of a ‘corruption pact.’

The court also noted it could not prove Libyan funds directly reached Sarkozy’s campaign but said French law allows conviction if corrupt intent is established, even without a financial transfer.

Sarkozy has since vowed to appeal.

The case traces back to 2011, when Libyan officials claimed Tripoli funneled millions of euros to Sarkozy’s campaign. 

He has also faced multiple legal battles since leaving office, including separate convictions for corruption and illegal campaign financing. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
In trying to secure Comey indictment, US prosecutors have short window — and a difficult case to make
next post
Speaker Johnson flips script on Dem leaders with staunch warning against government shutdown

related articles

Why a credit freeze isn’t the end of...

February 21, 2026

Trump torches ‘stupid’ AOC’s Munich showing, tees up...

February 21, 2026

DAVID MARCUS: To burnish Trump’s legacy, we need...

February 21, 2026

BROADCAST BIAS: Idea of giving politicians equal time...

February 21, 2026

Israelis keep suitcases packed and ready as Trump...

February 21, 2026

EPA scraps Biden coal restrictions, and advocates say...

February 21, 2026

CIA retracts, revises 19 past intelligence assessments deemed...

February 21, 2026

Trump signs off on 10% global tariff, criticizes...

February 21, 2026

EPA scraps Biden coal restrictions as advocates say...

February 21, 2026

US to unveil platform aiming to bypass internet...

February 20, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Oprah town hall cost Harris campaign far more than initially claimed: report

    November 18, 2024
  • Trump plans to meet with Venezuela opposition leader Maria Corina Machado next week

    January 9, 2026
  • First the token, now the swipe: NYC’s subway system to stop selling MetroCards

    March 19, 2025
  • Iran ‘one to two weeks away’ from weapons-grade nuclear material as US continues sanctions relief

    July 20, 2024
  • Ernst demands $2T in federal cuts, urges Trump team to ‘make DC squeal’ amid shutdown fight

    October 3, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,023)
  • Investing (1,019)
  • Stock (979)

Latest Posts

  • Trump meets with Jordan’s king amid tense talks about resettling Palestinians

    February 11, 2025
  • House GOP fiscal hawks warn Trump tax cuts in danger of expiring under new Senate-backed plan

    December 11, 2024
  • AOC accuses Israel of genocide in Germany where Holocaust was launched, sparking outrage

    February 14, 2026

Recent Posts

  • Trump administration swarms SCOTUS with emergency requests and sees surprising success

    July 4, 2025
  • Top political gaffes of 2024

    December 28, 2024
  • As Iran weakens, questions grow over Mohammed bin Salman’s regional ambitions

    January 13, 2026

Editor’s Pick

  • Thune guarantees voter ID bill to hit the Senate despite Schumer, Dem opposition: ‘We will have a vote’

    February 17, 2026
  • Biden administration slow-walked Marc Fogel designation as ‘wrongful detainee,’ Republicans say

    February 12, 2025
  • Trump meets Ukraine’s Zelenskyy at Trump Tower, says Russia’s war must end with ‘fair deal’

    September 27, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock