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Nicolas Sarkozy, the former French president, has been handed a five-year prison sentence after being convicted of criminal conspiracy related to illicit funds from the late Libyan leader Muammar Gaddafi. The Paris court acquitted him of other charges, including passive corruption and illegal campaign financing. Sarkozy has announced plans to appeal, but the sentence requires him to start serving time immediately.

 

Speaking after Thursday's hearing, the 70-year-old, who was president from 2007-12, said the verdict was "extremely serious for rule of law".

Sarkozy, who claims the case is politically motivated, was accused of using the funds from Gaddafi to finance his 2007 election campaign. In exchange, the prosecution alleged Sarkozy promised to help Gaddafi combat his reputation as a pariah with Western countries.

Judge Nathalie Gavarino said Sarkozy had allowed close aides to contact Libyan officials with a view to obtaining financial support for his campaign. But the court ruled that there was not enough evidence to find Sarkozy was the beneficiary of the illegal campaign financing.

He was also ordered to pay a fine of €100,000 ($117,000, £87,000). There was a shocked intake of breath in court when the judge read out her sentence.

Sarkozy could be sent to prison in Paris in the coming days – a first for a former French president and a humiliating blow for a man who has always protested his innocence in this trial and the other legal cases against him.

"What happened today... is of extreme gravity in regard to the rule of law, and for the trust one can have in the justice system," Sarkozy said outside the court building.

"If they absolutely want me to sleep in jail, I will sleep in jail, but with my head held high," he said.

The investigation was opened in 2013, two years after Saif al-Islam, son of the then-Libyan leader, first accused Sarkozy of taking millions of his father's money for campaign funding. The following year, Lebanese businessman Ziad Takieddine - who for a long time acted as a middleman between France and the Middle East - said he had written proof that Sarkozy's campaign bid was "abundantly" financed by Tripoli, and that the €50m (£43m) worth of payments continued after he became president.

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