Sarkozy Linked to L’Oreal Cash Scam

In what could be termed as the biggest crisis of his presidency, French President Nicolas Sarkozy has for the first time been directly linked to L’Oreal heiress Liliane Bettencourt’s murky finances, said media reports.

According to reports, his presidential campaign received 150,000 euros in cash from the country’s richest woman.

The charges hit Sarkozy at a time when he is struggling with his dropping popularity ratings and difficult economic reforms.

If the allegations are confirmed, the party payments would be illegal, surpassing the limit.

However, Sarkozy’s office has denied the allegations, reports said.

Denying the charges, Sarkozy said: “I would so much like that our country fascinates itself for the great problems such as health, health organisation, pensions, how to create growth, rather than to get carried away with the first horror, slander, which has only goal to damage without any reality whatsoever.”

(Based on internet reports)