PARIS (AP) — In the latest judicial setback for the former French president, Nicolas Sarkozy was placed in custody on Tuesday as part of an investigation that he received millions of euros in illegal campaign financing from the regime of the late Libyan leader Moammar Gadhafi. Sarkozy, who led his country from 2007 to 2012, was under the control of police in the Paris suburb of Nanterre on Tuesday morning, according to Mediapart, which first exposed claims about the conservative Republican’s financial backing in 2012. Though an investigation has been underway since 2013, the case gained traction some three years later when French-Lebanese businessman Ziad Takieddine told the online investigative site, Mediapart, that he delivered suitcases from Libya containing 5 million euros ($6.2 million) in cash to Sarkozy and his former chief of staff Claude Gueant. In the Mediapart interview published in November 2016, Mr Takieddine claimed he was given five million euros in Tripoli by Gaddafi’s intelligence chief on trips in late 2006 and 2007 and that he gave the money in suitcases full of cash to Mr Sarkozy and Mr Gueant on three occasions. Mr Takieddine has for years been embroiled in his own problems with French justice, centred mainly on allegations he provided illegal funds to the campaign of conservative politician Edouard Balladur for his 1995 presidential election campaign – via commissions from the sale of French submarines to Pakistan.
Former French President Nicolas Sarkozy is held for up to 48 hours and questioned by police in Nanterre over allegations that he illegally accepted €50 million from Libyan leader Muammar Gaddafi to finance his bid in the 2007 presidential election.