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Posts Tagged ‘Nicolas Sarkozy Probe’

French police raid home of former president Nicolas Sarkozy

Posted by Ram Kumar Shrestha on July 4, 2012

Former French president Nicolas Sarkozy (AFP Photo/Lionel Bonaventure)

Former French president Nicolas Sarkozy (AFP Photo/Lionel Bonaventure)

Police officers have carried out a number of raids in Paris – on the villa Nicolas Sarkozy shares with his wife Carla Bruni, on the law offices of the former president’s attorneys and on the apartment provided to him by the government.

Judge Jean-Michele Gentil and financial police searched the Sarkozys’ villa Montmorency, located in the French capital’s most luxurious district, the offices of Arnaud, Claude and Associates, in which Sarkozy is a shareholder, and an apartment given to the former president by the government.

The raids are reportedly linked to a campaign finance corruption scandal involving billionaire L’Oreal heiress Lilian Bettencourt.

Bettencourt, France’s richest woman, is alleged to have illegally contributed two payments of 400,000 euros each to Mr Sarkozy’s 2007 election campaign, despite the fact the legal limit on individual donations being 4,600 Euro.

Both were traced to Swiss accounts, and one was allegedly received by Sarkozy in person in Paris, in return for offering the cosmetics magnate  tax breaks once he came to power.  Read the rest of this entry »

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