Nicolas Sarkozy placed under investigation in campaign funds probe

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Judges placed the former president under investigation - one step short of being charged - for 'suspected illegal financing' of his 2012 campaign.

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Former French President Nicolas Sarkozy was placed under investigation on Tuesday in a scandal over irregularities in his 2012 re-election campaign finances, the Paris Prosecutor said, dealing a serious blow to his hopes of running again in 2017, reports Reuters.