Friday, April 25, 2014   

Ex-French president Sarkozy charged with taking millions from L'Oreal heiress
(03-22 09:33)

Former French president Nicolas Sarkozy's hopes of a political comeback lay in tatters today after he was charged in connection with a criminal probe into illegal party financing. The right-winger is married to former supermodel Carla Bruni.
This comes just a few years after corrupt former president Jacques Chirac was convicted.
Sarkozy, 58, also faces investigations into alleged cronyism in the awarding of contracts for opinion polls; an illegal police investigation into journalists; and alleged kickbacks on a Pakistani arms deal used to finance the right in 1995, when he was budget minister. He has denied any wrongdoing.
Lawyers for the right-wing politician said they would appeal the decision to indict Sarkozy for taking advantage of elderly L'Oreal heiress Liliane Bettencourt when she was weakened by poor health, AFP reports.
The move against Sarkozy came after he was summoned yesterday to meet at least four former members of Bettencourt's staff, among them her former butler, Pascal Bonnefoy. The surprise confrontation was over claims he had accepted envelopes stuffed with cash from the world's richest woman to fund his 2007 election campaign.
Jean-Michel Gentil, the Bordeaux-based judge in the case, was seeking to establish how many times Sarkozy had visited Bettencourt during his successful campaign.
Sarkozy, has always maintained that he visited Bettencourt's residence only once during the campaign, to meet her late husband. That version of events however has been contradicted by members of the multi-billionaire's staff.
Sarkozy's lawyer Thierry Herzog said the decision to charge his client as “legally incoherent and unfair.’’ He said he would initiate proceedings to have the charges dropped.
Gentil and two other examining magistrates spent 12 hours interrogating Sarkozy in November. They continue investigating the allegations against him.
Bettencourt is now 90 and medical experts say her mental capacities began to deteriorate from the autumn of 2006.
The allegation is that Sarkozy obtained significant amounts of money from her, simultaneously breaching electoral spending limits and taking advantage of a person weakened by ill health.
Bettencourt's former accountant, Claire Thibout, told police in 2010 that she had handed envelopes filled with cash to Bettencourt's right-hand man, Patrice de Maistre, on the understanding it was to be passed on to Sarkozy's campaign treasurer, Eric Woerth.
Investigators suspect up to four million euros of Bettencourt's cash subsequently made its way into the coffers of Sarkozy's UMP party.
Sarkozy lost his immunity from prosecution when he was defeated in the 2012 presidential election by Socialist Francois Hollande.
French judges demonstrated their readiness to go after former leaders with their successful pursuit of Sarkozy's predecessor as president, Jacques Chirac. He was convicted in 2011 on corruption charges related to his time as mayor of Paris.
Chirac, who was excused from attending his trial because of ill health, was given a two-year suspended prison term.
Since losing to Hollande, Sarkozy has concentrated on making money on the international conference circuit, but he has repeatedly hinted that he is considering another tilt at the presidency in 2017.
Earlier this month he told a magazine that his sense of duty says he must return.
“There will unfortunately come a time when the question will no longer be 'Do you want to?' but 'Do you have any choice?','' Sarkozy told Valeurs Actuelles.
Married to former supermodel Carla Bruni, the right-wing leader won international acclaim as the principal architect of the 2011 NATO campaign that ousted Libyan dictator Moamer Kadhafi.
But since losing office he has had to contend with a string of allegations relating to his five years in power and various electoral campaigns he has been involved in.


   
Other World breaking news:
(Flight MH370) Malaysia to release report: PM (1 min ago)
SKorean navy fires warning shots on NKorean vessels (12 mins ago)
Retired US judge calls for marijuana legalization (28 mins ago)
Parents of SKorea ferry victims assault top official (04-24 19:14)
EU institutions vulnerable to corruption: report (04-24 18:25)
Germany suspends military exports to Russia (04-24 18:24)
Classes resume at school scarred by ferry disaster (04-24 18:10)
Obama urges Japan to take 'bold steps' in huge trade deal (04-24 15:34)
Angry parents seek autopsies of Korea ferry victims (04-24 15:02)
Earthquake strikes off Vancouver Island (04-24 14:47)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.