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25.09.25 - 15:36
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French Ex-President Sarkozy Given 5-Years In Prison For Libya Campaign Financing Scandal (ZeroHedge)
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French Ex-President Sarkozy Given 5-Years In Prison For Libya Campaign Financing Scandal
Former French President Nicolas Sarkozy has been sentenced to five years in prison and a €100,000 fine after being found guilty of criminal conspiracy in a high-profile case involving alleged illicit funding from the late Libyan leader Muammar Gaddafi, who was slain by NATO-backed rebels after US-UK-French military intervention in 2011.
The 70-year-old, who served as president from 2007 to 2012 and was a hugely influential figure in right-wing politics has maintained his innocence. "What happened today is extremely serious for the rule of law and for public trust in the justice system," he said in a statement. "If they absolutely want me to sleep in jail, I will sleep in jail - but with my head held high."
Via AFP
He was accused during his time as president of accepting millions of euros from Gaddafi to finance his 2007 election campaign. The quid pro quo allegedly involved a commi...
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16.08.25 - 14:33
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Libya To Hold Rare Elections As Post-Gaddafi Chaos Persists (ZeroHedge)
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Libya To Hold Rare Elections As Post-Gaddafi Chaos Persists
Since 2011 and the NATO-led overthrow and killing of longtime leader Muammar Qaddafi, Libya has remained factured and divided into at least two major rival governments.
At times there have existed even three or up to four governments in sectors of the country, largely commanded by warlords - and yet the media has largely forgotten 'Obama's war' - also under then Secretary of State Hillary Clinton.
Libya is now preparing to hold rare municipal elections, due to happen on Saturday, which is widely being viewed as a significant and uncertain test for the country's fragile attempts to jump-start democratic institutions. Election locations are under threat of gunfire and attack.
Via AFP
But things are already looking to fail, given that the key cities of Benghazi, Sirte, and Tobruk have made clear they are opting out of the vote.
The United Nations has characterized the elections as "crucial for maintaining democratic governance...
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11.08.25 - 18:12
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Libya to set up committee for oil contracts audit (TASS)
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According to its text, the committee is tasked with "legal, technical and financial due diligence of all the contracts made in these two sectors over the last five years and checking the extent to which the parties to the agreement abide by Libyan laws"...
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