Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

Ethiopia's Political Crackdown

Read more

THE DEBATE

The fall of Carlos Ghosn: Japanese accuse Renault-Nissan boss of tax fraud

Read more

FOCUS

How a toxic pesticide poisoned French Caribbean island of Martinique

Read more

ENCORE!

New show! The best of television this November

Read more

PERSPECTIVE

'Age old cities' exhibition: 'It's part of our history that's been destroyed'

Read more

IN THE PRESS

Carlos Ghosn arrest: The fall from grace of a 'workaholic'

Read more

BUSINESS DAILY

French government calls for interim leadership to replace Ghosn at Renault

Read more

EYE ON AFRICA

Nigerian opposition leader Atiku Abubakar launches presidential campaign

Read more

MEDIAWATCH

Social media drives 'yellow vest' protests

Read more

France

Sarkozy 'exceeded campaign spending limits'

Video by Mark THOMPSON

Text by FRANCE 24

Latest update : 2013-07-05

France's top constitutional court said Thursday that former president Nicolas Sarkozy exceeded legal spending limits during his 2012 presidential campaign. The ruling confirms the findings of the country's electoral finance watchdog.

France's top constitutional court said Thursday that former president Nicolas Sarkozy exceeded legal spending limits during his 2012 presidential campaign, confirming the earlier findings of the country's electoral finance watchdog.

The ruling means Sarkozy is no longer eligible to be reimbursed for the 47.5 percent of his campaign spending that he was entitled to under election financing laws and will lose out on an estimated €10 million ($13 million).

Sarkozy will also need to refund the €150,000 he received from the state for his campaign.

The Constitutional Council said in a statement that it was confirming an earlier decision by France's electoral finance watchdog that Sarkozy had declared expenses of nearly €23 million, which exceeds the spending limit by 2.1 percent.

Sarkozy responded by “immediately” resigning from the Constitutional Council, on which all former French presidents are allowed to serve. As France's highest legal body, the council reviews the legality of proposed legislation.

(FRANCE 24 with wires)

 

Date created : 2013-07-04

  • FRANCE

    Campaign funding scandal engulfs Sarkozy ally

    Read more

  • FRANCE

    Bling-bling Sarkozy gave Obamas $41,674 in gifts

    Read more

  • FRANCE

    Sarkozy ally denies Gaddafi funding claims

    Read more

COMMENT(S)