The Smartest Investors Club
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Smartest Investors Club

World

Corruption case against ex-French President Nicolas Sarkozy upheld by country’s highest court

by December 18, 2024
December 18, 2024
Corruption case against ex-French President Nicolas Sarkozy upheld by country’s highest court

The Cour de Cassation, France’s highest court, upheld on Wednesday former President Nicolas Sarkozy’s conviction for corruption and influence peddling.

Sarkozy had appealed against the 2021 conviction for corruption and influence peddling, in which he had been handed a three-year prison sentence. Two of the years were suspended and Sarkozy would wear an electronic monitoring bracelet instead of going to prison for the last year.

Sarkozy, a conservative who remains an important figure in French politics even after leaving office in 2012, had been found guilty by a lower court of trying to bribe a judge and of peddling influence in exchange for confidential information about a probe into his 2007 campaign finances.

The court found that Sarkozy conspired to secure a job in Monaco for a judge in exchange for inside information about an investigation into allegations that Sarkozy had accepted illegal payments from L’Oreal heiress Liliane Bettencourt.

The judge, Gilbert Azibert, was also convicted for corruption and influence peddling.

Sarkozy is expected to stand trial next year on corruption and illegal financing charges related to alleged Libyan funding of his successful 2007 presidential bid. Sarkozy denies all wrongdoing.

If convicted in the Libya case, Sarkozy could face up to 10 years in prison.

Sarkozy’s predecessor, Jacques Chirac, a fellow conservative, is the only other president in modern French history to be convicted by a court. Chirac was found guilty of corruption in 2011, four years after he left office.

This post appeared first on cnn.com
0
FacebookTwitterGoogle +Pinterest
previous post
First Helium Provides Year End Corporate Update
next post
Russia’s Black Sea beaches flooded with oil from wreck of tankers

You may also like

SpaceX set to launch Starship, the most powerful...

Inside a struggling Ukraine mine, Trump’s mineral deal...

Summer is nice, but fall is better —...

Ecuador arrests hundreds in bid to halt eruption of gang-based...

Hamas agrees to Egyptian ceasefire proposal, Israel counters

A small minority of Israeli hostage families don’t...

Hezbollah fires rockets into Israel as threat of...

Cuba hit by second nationwide blackout amid worsening...

Danish Queen Margrethe announces surprise abdication after 52...

‘We’re nice until we’re not’: How Trump’s tariffs...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Buffett Hands Over Reins, What’s Next for Berkshire’s Capital Strategy?

    • Triumph Gold Updates Shareholders on Operations, Engages Market Maker, and Grants Options

    • Investing in Uranium ETFs: 9 Options for Uranium Exposure

    • Trump says 80% tariff on China ‘seems right’ ahead of weekend talks with Beijing

    • Crypto Market Recap: Bitcoin Breaks US$100,000 as ETF Inflows Rise, Coinbase Makes US$2.9 Billion Power Play

    Categories

    • Business (1,633)
    • Investing (4,797)
    • Politics (7,544)
    • World (6,131)
    • Terms & Conditions
    • Privacy Policy
    • About us

    Disclaimer: thesmartestinvestorsclub.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 © 2024 thesmartestinvestorsclub.com | All Rights Reserved


    Back To Top