France's highest court has dealt a significant blow to the country's former president Nicolas Sarkozy, convicting him of breaching campaign financing laws in his ill-fated 2012 re-election bid. The conviction, which has now been upheld by the Court de Cassation after years of appeals, marks a major defeat for the right-wing politician who was seeking to return to power.
The case, known as the "Bygmalion" affair, centered on Sarkozy's lavish campaign rallies, which were likened to American-style shows with thousands of fans waving flags. Prosecutors argued that Sarkozy deliberately flouted spending limits, allowing his campaign costs to balloon above the €22.5m cap and eventually reaching at least €42.8m – nearly double the allowed amount.
Sarkozy's lawyers had claimed he was unaware of the breach, but prosecutors countered that accountants had warned him of the impending overspending. The politician's decision to hold multiple rallies in a short period, despite warnings from his team, was seen as a desperate attempt to counter the rise of François Hollande, the Socialist candidate who ultimately won the election.
The conviction is not Sarkozy's first run-in with the law. He is currently serving a suspended sentence related to a separate case involving campaign funding from Muammar Gaddafi's regime. The former president has faced numerous legal challenges since leaving office and will now have to serve his prison term, despite having already spent 20 days in jail.
The decision marks a significant milestone in the long and contentious saga surrounding Sarkozy's 2012 re-election bid. While he denied all wrongdoing during the trial, the conviction highlights the scale of the breach and the extent to which he allegedly disregarded campaign finance laws.
The case, known as the "Bygmalion" affair, centered on Sarkozy's lavish campaign rallies, which were likened to American-style shows with thousands of fans waving flags. Prosecutors argued that Sarkozy deliberately flouted spending limits, allowing his campaign costs to balloon above the €22.5m cap and eventually reaching at least €42.8m – nearly double the allowed amount.
Sarkozy's lawyers had claimed he was unaware of the breach, but prosecutors countered that accountants had warned him of the impending overspending. The politician's decision to hold multiple rallies in a short period, despite warnings from his team, was seen as a desperate attempt to counter the rise of François Hollande, the Socialist candidate who ultimately won the election.
The conviction is not Sarkozy's first run-in with the law. He is currently serving a suspended sentence related to a separate case involving campaign funding from Muammar Gaddafi's regime. The former president has faced numerous legal challenges since leaving office and will now have to serve his prison term, despite having already spent 20 days in jail.
The decision marks a significant milestone in the long and contentious saga surrounding Sarkozy's 2012 re-election bid. While he denied all wrongdoing during the trial, the conviction highlights the scale of the breach and the extent to which he allegedly disregarded campaign finance laws.