Wednesday, April 30, 2025

Sarkozy Ordered to Wear Electronic Bracelet After Corruption Conviction, First for Any French President

Former French President Nicolas Sarkozy / Yonhap News
Former French President Nicolas Sarkozy / Yonhap News

Former French President Nicolas Sarkozy, who was found guilty of bribery and other charges at the end of last year, is now facing humiliation for wearing an electronic monitoring device.

The French daily Le Parisien reported that the court ruled last week that Sarkozy must wear an electronic ankle bracelet starting February 7. As a result, Sarkozy will be required to wear the electronic tag for one year and will only be permitted to leave his residence during specific hours.

With this, Sarkozy became the first former French president subjected to electronic monitoring.

Sarkozy, president from 2007 to 2012, was accused in 2014 of promising a high-ranking position to a judge in exchange for insider information about an investigation into his campaign finance irregularities. He has consistently denied the allegations.

However, on December 18 last year, the French Supreme Court upheld the lower courts’ rulings, confirming Sarkozy’s guilt of corruption and abuse of power. As a result, the court sentenced him to three years in prison, with two years suspended. The remaining year will be served under house arrest, monitored by the electronic bracelet. Furthermore, Sarkozy is banned from running for public office for the next three years.

Under French criminal law, inmates over 70 can apply for conditional release. Consequently, it is unlikely that Sarkozy will complete the full year of house arrest.

In a separate case, Sarkozy is currently standing trial for allegedly receiving substantial illegal campaign contributions from former Libyan dictator Muammar Gaddafi before the 2007 French presidential election.

Hot this week

That $12 Swimsuit? It’s $31 Now—Thanks, Tariffs

Chinese retailers Temu and Shein raise prices significantly due to new U.S. tariffs, impacting various product categories dramatically.

WTI Falls Below $61 as Global Demand Fears Intensify

International oil prices dropped significantly due to U.S.-China trade tensions, with Brent and WTI benchmarks falling sharply.

‘Mercy or Mayhem?’ Australia Slammed for Culling Starving Koalas by Air

Victoria's government faces backlash for euthanizing over 700 koalas affected by wildfires, citing suffering and habitat loss.

Wall Street Rallies, But Cracks Appear in Big Tech Stocks

U.S. stocks ended mixed, with Nasdaq down 0.10% while Dow and S&P500 rose for five consecutive days, highlighting market volatility.

From Rally to Retreat: Oil Tumbles on China’s Cold Shoulder

Oil prices fell sharply as trade talks between China and the U.S. stalled, with Brent crude dropping to $65.86 per barrel.

Topics

That $12 Swimsuit? It’s $31 Now—Thanks, Tariffs

Chinese retailers Temu and Shein raise prices significantly due to new U.S. tariffs, impacting various product categories dramatically.

WTI Falls Below $61 as Global Demand Fears Intensify

International oil prices dropped significantly due to U.S.-China trade tensions, with Brent and WTI benchmarks falling sharply.

‘Mercy or Mayhem?’ Australia Slammed for Culling Starving Koalas by Air

Victoria's government faces backlash for euthanizing over 700 koalas affected by wildfires, citing suffering and habitat loss.

Wall Street Rallies, But Cracks Appear in Big Tech Stocks

U.S. stocks ended mixed, with Nasdaq down 0.10% while Dow and S&P500 rose for five consecutive days, highlighting market volatility.

From Rally to Retreat: Oil Tumbles on China’s Cold Shoulder

Oil prices fell sharply as trade talks between China and the U.S. stalled, with Brent crude dropping to $65.86 per barrel.

Golden State Ascendant: How California Became a Global Economic Powerhouse

California's economy has surpassed Japan's, reaching $4.1 trillion, with a growth rate of 6% amid concerns over tariff policies.

Dow, S&P 500, and Nasdaq Post Strong Weekly Gains Despite Ongoing Trade Risks

The NY stock market sees a four-day rally, led by Tesla and Nvidia, with substantial gains despite cautious investor sentiment.

Despite Weekly Losses, Oil Prices Rise for Second Straight Day Amid Trade Talk Hopes

Oil prices continued to rise on April 25, driven by trade talks between the U.S. and China, despite weekly losses for both benchmarks.

Related Articles