The leading French industrialist and media owner Serge Dassault has been secretly recorded on video admitting that he paid out money to help win a local election where he was once mayor. The 88-year-old billionaire Dassault, who runs the defence, aviation, media and property empire the Dassault Group and who is also a UMP senator in the French Parliament, makes the admission in a video recording obtained by Mediapart and parts of which are published here (see below) in audio form.