Sarkozy denies campaign cash claims

FRENCH President Nicolas Sarkozy’s has denied new claims he took undeclared campaign cash from the heiress to the L’Oreal cosmetics fortune five years ago, just as the race for next year’s presidential elections is heating up.

Sarkozy denies campaign cash claims

Sarkozy’s allies suggested the accusations are a campaign ploy against the unpopular president. Similar accusations first surfaced last year.

Still, questions about how Sarkozy financed his 2007 campaign could hit his likely bid for re-election in April and May. Critics have long deemed the conservative leader was too cosy with the rich, criticism that carries particular sting now that the French economy is stalling and many of his supporters are disillusioned with his leadership.

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