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.