A defiant Nicolas Sarkozy told a Paris court on Thursday that allegations of illegal Libyan financing of his successful 2007 presidential bid were a "conspiracy" and that not a single cent of Libyan cash would ever be found in his campaign.

Former French president Nicolas Sarkozy went on trial on Monday, on charges of having received millions of euros in illegal financing from Libya’s late strongman Moammar Gadhafi for his successful 2007 presidential bid.

A trial has opened of France’s former President Nicolas Sarkozy and 11 co-defendants over alleged illegal financing of his 2007 presidential campaign by the government of then-Libyan leader Moammar Gadhafi.

The former French president has faced several legal cases since leaving office, but accusations that he received money for his 2007 election from Libyan authorities have been particularly damaging.

Former French President Nicolas Sarkozy has gone on trial in Paris, accused of taking millions of euros of illicit funds from the late Libyan leader Col Muammar Gaddafi to finance his 2007 election campaign.

Former French President Nicolas Sarkozy has vigorously denounced a “plot” he said was staged by “liars and crooks” on Thursday at a Paris trial over the alleged illegal financing of his 2007 president

Former French president Nicolas Sarkozy, on trial charged with accepting illegal campaign financing, told a court Thursday he had never accepted any money from the late Libyan dictator Moamer Kadhafi.

Sarkozy is accused by prosecutors of having struck a deal with Libya's late dictator Muammar Gaddafi to receive millions of euros in illegal funding. View on euronews