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is rollatainers limited (502448) a good long term bet ✌️【Risk Management】✌️ Free stock data analysis tools to help you select stocks accurately and capture global market trends. Stay ahead with expert market predictions for better investment returns. Former French president Nicolas Sarkozy went on trial on Monday, on charges of having received millions of euros inillegal financingfrom Libya’s late strongman Moammar Gadhafi for his successful 2007 presidential bid.

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Investigators allege he made a corrupt pact with the Libyan government. At issue is a murky affair alleged to involve Libyan spies, a convicted terrorist, arms dealers and allegations Gadhafi provided Sarkozy’s campaign with millions of euros shipped to Paris in suitcases.

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“After 10 years of investigation, with an unprecedented deployment of resources, wiretaps, judges traveling abroad, all over the world, there is - obviously - no trace of financing, no transfer, no payment, not even an amount for the alleged financing,” lawyer Christophe Ingrain said.

In December, France’s highest court upheldhis conviction for corruptionand influence peddling to obtain favors from a judge. Sarkozy has been ordered to wear an electronic bracelet for a year instead of going to jail, a first for a French former head of state.

In another case, Sarkozy was found guilty of concealing illegal campaign spending, and a challenge is pending.

Financial prosecutors say that in 2005, Sarkozy, then France’s interior minister, brokered a deal with Gadhafi, to obtain campaign financing in exchange for supporting the government on the international scene where it was isolated.

In 2012, French investigative website Mediapart published what it said was a note from Libyan intelligence services dated December 2006 and mentioning Gadhafi’s deal to help finance Sarkozy’s presidential bid with millions of euros.

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“This alleged illicit financing illustrates the mechanisms of cross-border corruption, which deprives civilian populations of essential public resources by diverting funds to private and political interests,” anti-corruption groups Sherpa, Anticor and Transparency International said in a joint statement.

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