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Charges Dropped Against Former French President Nicolas Sarkozy

Paris, October 8 (RHC)-- Corruption charges against former French President Nicolas Sarkozy for taking financial advantages of the richest woman in France during his 2007 election campaign have been dropped.

According to an unnamed judicial source, judges investigating the election financing scandal in the city of Bordeaux decided on Monday to drop the corruption charges against Sarkozy, saying there was "insufficient" evidence.

The former president was charged in March with accepting illegal donations to finance his 2007 presidential campaign from French billionaire and L'Oreal heiress Liliane Bettencourt, when she was allegedly too frail to understand the decisions she was taking.

Meanwhile, Sarkozy is being investigated in a separate case, in which he is accused of accepting up to 50 million Euros -- about 65 million USD -- in cash for the 2007 campaign from former Libyan leader Col. Muammar Gaddafi.

The rise in political corruption cases comes as France is dealing with a struggling economy. France is one of a few rich economies with a double-digit unemployment rate, others being Eurozone members Spain and Italy.

Edited by Juan Leandro
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