Former French President Nicolas Sarkozy is scheduled to go on trial Monday, January 6th, on charges related to the alleged financing of his 2007 presidential campaign. The 69-year-old faces accusations of passive corruption, illegal campaign financing, and concealment of embezzled funds, potentially facing up to 10 years in prison if convicted.

Sarkozy denies any wrongdoing. The trial, dubbed the "Libyan case," also involves 11 other defendants, including three former ministers. Key among them is Ziad Takieddine, a French-Lebanese businessman accused of acting as an intermediary. Takieddine, who has fled to Lebanon, is not expected to attend the trial.

The case centers on allegations that Sarkozy's 2007 presidential campaign received illicit funding from the late Libyan leader Muammar Gaddafi. This underscores the intricate web of financial dealings and political maneuvering potentially involved. The trial promises to shed light on significant political issues in France.