Friday, June 4, 2010

Sarkozy caught up in kickbacks scandal

A report by Luxembourg police has revealed President Sarkozy's involvement in a bribery scandal in the sale of French submarines to Pakistan in 1994.

It is suspected that the money from the contract was used to finance a 1995 presidential campaign managed by Mr. Sarkozy to support candidate Edouard Balladur against Jacques Chirac, France 24 reports.

On the sidelines of the sale of the submarines, tens of millions of euros were received by a company called Heine.

The reports suggest that Nicolas Sarkozy, who at the time served as French finance minister in 1994, may have been involved in the creation of this company.

“We stress that Edouard Balladur was a candidate in the 1995 presidential election against Jacques Chirac and that he was supported by part of the RPR [Gaullist party], including Nicolas Sarkozy," the police report says.

A number of lawmakers have called for French judges to obtain the police documents and investigate on them.

It is suspected that the deal was linked to an attack that killed 11 French engineers in Pakistan in 2002.

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