facebook
twitter
rss
account
search
search
 

French Constitutional Council upholds ruling that Sarkozy overspent

July 5, 2013 at 8:30 AM   |   Comments

| License Photo
PARIS, July 5 (UPI) -- Ex-French President Nicolas Sarkozy resigned from the Constitutional Council after it upheld a ruling that he exceeded campaign spending limits, officials said.

The ruling means he'll lose out on a reimbursement of more than $12.8 million, Radio France Internationale reported Friday.

A financial watchdog in France said Sarkozy overspent during last year's election campaign by 2.1 percent. Because of that, he'll lose out on a 47.5 percent reimbursement and must return $193,000 that the state advanced him during the campaign.

Sarkozy resigned from the country's top constitutional body in order to "regain his freedom of speech" so he could react to the decision, Radio France Internationale reported.

Sarkozy said on his Facebook page Friday the decision put his center-right UMP party "in peril" due to its continuing decline in resources.

UMP party leader Jean-Francois Cope called for a "massive national contribution" to help salvage the party's finances, Radio France Internationale said.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
France holds up delivery of warships to Russia France holds up delivery of warships to Russia
2
North Korea publicly executes 10 people for watching South Korean soap operas North Korea publicly executes 10 people for watching South Korean soap operas
3
Father upset over Islam history lesson barred from school over threats Father upset over Islam history lesson barred from school over threats
4
Suspected Pennsylvania cop killer Eric Frein nabbed Suspected Pennsylvania cop killer Eric Frein nabbed
5
Actress Lucy DeCoutere becomes first public accuser of Jian Ghomeshi Actress Lucy DeCoutere becomes first public accuser of Jian Ghomeshi
Trending News
Around the Web
x
Feedback