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Former French president Sarkozy found guilty of illegally financing 2012 election campaign Former French president Sarkozy sentenced to 1-year jail term over illegally financing 2012 election campaign
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France’s former president Nicolas Sarkozy has been found guilty of illegal campaign financing. He had denied any knowledge of fraudulent activities despite the campaign purse being nearly double the authorized ceiling. France's former president Nicolas Sarkozy has been found guilty of illegal campaign financing and sentenced to one year in prison. The court will let him serve the sentence at home.
The court is yet to announce the sentence that Sarkozy, who was president between 2007 and 2012, will receive. The 66-year-old politician, who still maintains a strong influence in the country’s conservative circles, wasn’t present at the hearing. The ex-president will be able to complete his sentence without going to jail, but he will have to wear an electronic monitoring bracelet, the court ruled.
Sarkozy earlier denied any wrongdoing, telling the court in June that he hadn’t been involved in the logistics or allocation of funds in his campaign for a second term as president in 2012. Sarkozy, who was president between 2007 and 2012 and still maintains a strong influence in the country's conservative circles, wasn't present at the hearing. The 66-year-old politician has the legal right to appeal against the ruling.
The ex-president will have the opportunity to appeal his sentence after it’s announced. He earlier denied any wrongdoing, telling the court in June that he hadn’t been involved in the logistics or allocation of funds in his campaign for a second term as president in 2012.
DETAILS TO FOLLOW The prosecutors sought a one-year prison sentence, half of it suspended, for Sarkozy. They blamed him for spending nearly double the €22.5 million allowed under French electoral law on the campaign and later hiring a friendly PR firm to hide it. 
The candidate knew about the irregularities, he was warned by the accountants about them on at least two occasions, but chose to proceed, the prosecutors insisted, describing Sarkozy as “the only person responsible for his campaign financing.” 
Incidentally, the overspending and huge rallies held by Sarkozy’s team weren’t enough to win reelection for him as Socialist Francois Hollande became president in 2012.
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