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.

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, convicted twice in separate cases since leaving office, goes on trial Monday charged with accepting illegal campaign financing in an alleged pact with the late Libyan dictator Moamer Kadhafi.

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.

Former French president Nicolas Sarkozy has gone on trial in Paris, accused of accepting millions from Libya's Moammar Gaddafi to finance his 2007 presidential campaign, Sky News reports.