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France's Sarkozy faces jail term in campaign financing case

  • Sun Online Desk
  • 30th September, 2021 07:27:40 PM
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Former French President Nicolas Sarkozy is facing a potential prison term in a verdict to be rendered on Thursday about campaign financing in his unsuccessful 2012 re-election bid a ruling that comes seven months after he was convicted in a corruption and influence peddling case, reports AP.

Sarkozy, France's president from 2007 to 2012, has vigorously denied wrongdoing during the May-June trial.

He is accused of having spent almost twice the maximum legal amount of 22.5 million euros (USD 27.5 million) on the reelection bid that he lost to Socialist Francois Hollande.

Prosecutors have requested a six-month prison term, as well as a six-month suspended sentence and a fine of 3,750 euros (USD 4,354).

Thursday's verdict comes after Sarkozy, 66, was found guilty on March 1 of corruption and influence peddling in another case. He was given one year in prison and two years suspended in that case but is free pending appeal.