Former French president Nicolas Sarkozy has been sentenced to five years in jail after being found guilty of criminal conspiracy in a case related to millions of euros of illicit funds from the late Libyan leader Col Muammar Gaddafi. The Paris criminal court acquitted him of all other charges, including passive corruption and illegal campaign financing.
Speaking to reporters after the hearing the 70-year-old, who was the president of France from 2007 to 2012, called the verdict an “extremely serious for rule of law”. Sarkozy, who claims the case is politically motivated, was accused of using the funds from Gaddafi to finance his 2007 election campaign.
In exchange, the prosecution alleged Sarkozy promised to help Gaddafi combat his reputation as a pariah with Western countries.
But the court ruled that there was not enough evidence to find Sarkozy was the beneficiary of the illegal campaign financing.
He was sentenced to five years in jail. The ruling means he will spend time in jail even if he appeals.
He was also ordered to pay a fine of 100,000 euros (£87,000).
There was a shocked intake of breath in court when the judge read out her sentence.
Sarkozy could be sent to prison in Paris in the coming days. That will not be fun for him.