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The Wall Street Journal: France’s ex-president Sarkozy faces charges of corruption

French authorities brought preliminary charges against former President Nicolas Sarkozy for illegally financing his 2007 presidential campaign with cash from the regime of Libyan dictator Moammar Gadhafi, a judicial official said.

The charges against Sarkozy — which an official said he denied — amount to a stunning blow for a politician who just 18 months ago was seeking to recapture the presidency in France’s election last year.

Along with campaign-finance violations, Sarkozy is charged with corruption and receiving money diverted from Libya’s public coffers, the official said on Wednesday.

Evelyne Sire-Marin, a magistrate who isn’t involved in the probe, told French television that the charges carry a sentence of up to 10 years in prison.

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