Nicolas Sarkozy faces formal investigation over alleged Libya funding

France’s ex-president is accused of receiving €50m in campaign funds from Muammar Gaddafi The former French president Nicolas Sarkozy has been placed under formal investigation for illegal campaign financing, accepting bribes and the misappropriation of Libyan state funds over allegations that he received millions of euros in illegal election campaign funding from the regime of the late Libyan dictator Muammar Gaddafi.Sarkozy, France’s rightwing president from 2007 to 2012, was