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transchem limited (500422) announces strategic shift ✌️【Portfolio】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. 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.

transchem limited (500422) announces strategic shift ✌️【Portfolio】✌️ Precise stock market trend analysis with expert insights into global markets, including stock indices, metals, and energy sectors. Leverage our data-driven predictions to maximize your returns. Sarkozy, who was relaxed and chatting with lawyers and other defendants in the courtroom before the hearing started, has alwaysdenied the accusations.

transchem limited (500422) announces strategic shift ✌️【Portfolio】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets. The conservative former leader faces charges of “concealment of embezzlement of public funds, passive corruption, illegal campaign financing and criminal conspiracy with a view to committing a crime,” the financial prosecutor’s office said.

transchem limited (500422) announces strategic shift ✌️【Portfolio】✌️ Expert stock predictions and free stock selection services to help you achieve optimal returns and long-term growth. The trial will run over three months and risks further undermining public confidence in the French political class.

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.

transchem limited (500422) announces strategic shift ✌️【Portfolio】✌️ Receive professional stock analysis with real-time updates on market movements. Make quick investment decisions and capitalize on profitable opportunities. Sarkozy’s lawyer said the case against the former president was a fabrication and that there had been no Libyan financing of the campaign.

“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.

transchem limited (500422) announces strategic shift ✌️【Portfolio】✌️ Free access to stock market forums, expert advice, and real-time data to help you stay informed and grow your investments. The convoluted case, linked to nine other legal proceedings, and for which investigators sent cooperation requests to more than 21 foreign countries to track the alleged funding through various middlemen and companies, reaches court more than a decade later.

transchem limited (500422) announces strategic shift ✌️【Portfolio】✌️ Get precise stock market predictions and free access to real-time market data for efficient decision-making and portfolio growth. Among the 12 others facing trial in the case are Sarkozy’s former right-hand man Claude Gueant, former Interior Minister Brice Hortefeux and his then-head of campaign financing Eric Woerth - all three were present in court on Monday.

“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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