Nicolas Sarkozy placed under investigation for corruption, embezzling public funds and illegal political funding

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Following two days of questioning by officers from France’s anti-corruption and financial crime police agency, OCLCIFF, former conservative president Nicolas Sarkozy was on Wednesday placed under formal investigation for “illicit funding of an electoral campaign”, “receiving and embezzling public funds” and “passive corruption” in relation to evidence suggesting his 2007 election campaign was partly funded by the regime of the late Libyan dictator Muammar Gaddafi.