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The former President of France, Nicolas Sarkozy has been held for questioning by the police as part of an investigation focussed on illegal financing. Sarkozy is facing allegations that his 2007 election campaign received illegal financial support from the regime of the late Libyan dictator Muammar Gaddafi. According to a judicial source quoted in reports, the former French leader was placed in custody as part of the investigation that has been underway since 2013. Sources stated that Sarkozy was quizzed by police at the Nanterre police station, west of Paris and that Sarkozy and his former chief of staff have denied wrongdoing in the case. Reports noted that investigators are currently examining claims that Gaddafi’s regime secretly gave Sarkozy 50 million euros overall for the 2007 campaign. Further, in an interview with online investigative site Mediapart, French-Lebanese businessman Ziad Takieddine is said to have made claims that he delivered suitcases from Libya containing five million euros in cash to Sarkozy and his former chief of staff Claude Gueant. If proven true, reports pointed out that such a sum would be more than double the legal campaign funding limit at the time of 21 million euros. Further, the...Read more