Sarkozy Says There's No Evidence He Took Campaign Funding From Libya

The former French president was placed under formal investigation Wednesday.
Posted at 11:07 AM, Mar 22, 2018

Former French President Nicolas Sarkozy once again denied claims he illegally received money from Libya to fund his 2007 election campaign.

French newspaper says he told a group of magistrates Wednesday, "I am accused without any material evidence."

It's been rumored for years that the late Libyan dictator Moammar Gadhafi secretly gave Sarkozy more than $61 million to help fund his campaign. 

Police reportedly questioned Sarkozy about the alleged funding for the first time on Tuesday. He was placed under formal investigation a day later. 

Sarkozy reportedly told the magistrates that the campaign funding allegations have already cost him a lot, including his failed re-election bid in 2012. 

Additional reporting from Newsy affiliate CNN