In a report released by Mediapart, they state that French President Nicolas Sarkozy was sponsored by Muammar Gaddafi to the tune of 50 million euros.
The report gives compelling evidence of Gaddafi's involvement in President Nicolas Sarkozy's successful 2007 election campaign.
The Paris-based investigative website has obtained a document signed by a senior official in Libya back in 2006 which states that the Gaddafi regime had "in principle" approved payment of 50 million euros to Sarkozy's presidential campaign, after a meeting with "one of his most trusted political allies."
Mediapart claimed on Saturday that the document was given to them by "former senior [Libyan] officials, who are now in hiding," and that the document came “from the archives of the secret service,” and was signed by Gaddafi’s former intelligence chief and later foreign minister, Moussa Koussa.
In the document, Koussa noted “an agreement in principle to support the campaign for the candidate for presidential election, Nicolas Sarkozy, for a sum equivalent to 50 million euro."
Despite the existence of this document, Sarkozy has tried to deflect the allegations. When speaking to a TF1 presenter, Sarkozy stated, "If [Gaddafi] had financed it, I wasn't very grateful." he said sarcastically, referring to the lead role of France in the NATO campaign which resulted in Gaddafi's brutal death.
However, a French judge is now investigating the matter as politicians in France are banned from receiving foreign campaign contributions.
The appearance of this document could not have come at a worse time for Sarkozy. The current president lost the first round in the elections and is currently trailing Francois Hollande, his socialist rival, in the polls.
The next round of the elections is set for May 6, 2012.