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Cops search Sarkozy's home, office in financing probe
 
French President Nicolas Sarkozy says S&P's credit downgrade of his country "changes nothing," though critics say it foreshadows disaster for the eurozone.
French President Nicolas Sarkozy says S&P's credit downgrade of his country "changes nothing," though critics say it foreshadows disaster for the eurozone.
Thierry Tronnel/Corbis

An unnamed French official told The Associated Press that the home and offices of former French President Nicolas Sarkozy were searched by investigators Tuesday, as part of a probe into suspected illegal financing of Sarkozy's 2007 presidential campaign. The investigation centers on the finances of France's richest woman Lilliane Bettencourt, heiress to the Loreal cosmetics fortune, who allegedly provided illegal campaign cash to Sarkozy's party. Sarkozy, who failed to win re-election in May, denies the claims.

 

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