Police Arrest Ex-President of France on Claims of Illegal Campaign Funding from Libyan Dictator
Chris Reeves
Posted: Mar 20, 2018 8:00 PM
On Tuesday, former French President Nicolas Sarkozy was detained by police investigating claims that he received 50 million euros (roughly $70 million) from the late Libyan dictator Moammar Gadhafi to help his successful 2007 presidential campaign.
At the time, French law dictated that presidential candidates could only spend about 21 million euros in total for campaigning, and Sarkozy reported spending just under the limit.
Moreover, French law also prohibited foreign states or legal entities from making direct or indirect donations to candidates for any political office and required campaigns to maintain complete records of their sources for all donations.
READ MORE: https://townhall.com/tipsheet/chrisreeves/2018/03/20/police-arrest-ex-president-of-france-on-claims-of-illegal-campaign-funding-from-l-n2462851
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