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Investigators raid Sarkozy`s home, office

French investigators are probing suspected illegal financing of Sarkozy`s 2007 presidential campaign by the L`Oreal cosmetics heiress.

Zeenews Bureau

Paris: Former French president Nicolas Sarkozy`s home and office were raided on Tuesday by French investigators who are probing suspected illegal financing of his 2007 presidential campaign by the L`Oreal cosmetics heiress.

Potential legal troubles have threatened Sarkozy since he lost the presidency to Socialist Francois Hollande in May elections. Sarkozy, who lost his immunity from prosecution on June 15, denies wrongdoing, reports an agency.

Judge Jean-Michel Gentil and other investigators from the Paris financial crimes unit conducted Tuesday`s search of Sarkozy`s home and offices, the official said. The official spoke on condition of anonymity because he was not authorized to be publicly named discussing an ongoing investigation.

Messages left with Sarkozy`s staff were not immediately returned.

The probe centers on the finances of France`s richest woman, L`Oreal cosmetics heiress Liliane Bettencourt.

A long-running family feud over her fortune ballooned in 2010 into a multi-layered investigation and political affair. Allegations emerged that Bettencourt provided illegal campaign cash to Sarkozy`s party during the 2007 campaign. Sarkozy vigorously denies the claims.

(With Agency inputs)

From Zee News

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