At the rate that the French political elite is going, Dominique Strauss-Kahn might be the last palatable option standing to challenge nationalist Marine Le Pen in the 2017 election.

The decision by French prosecutors to open a formal investigation into former president Nicolas Sarkozy today, following his detention on Tuesday for questioning, is certain to rupture Sarkozy’s comeback plans to lead the French center-right in the April 2017 presidential election, leaving both major parties sullied by unpopular, unimaginative and possibly corrupt leadership.

But even as French and global analysts begin writing Sarkozy’s obituary, the current investigation, which involves Sarkozy’s alleged attempts to trade a job in plush Monaco to a judge in exchange for illegal information relating to another investigation, may not necessarily torpedo Sarkozy, even as the former president faces additional legal troubles in related corruption cases.

That will be especially true if Sarkozy is ultimately exonerated, given the aggressiveness with which French investigators have pursued Sarkozy. If he’s not found guilty, the investigations could actually strengthen Sarkozy, allowing him to play victim against an aggressive, out-of-control French judicial system. That’s a well-worn path that’s worked for other European leaders in the past, including former Italian prime minister Silvio Berlusconi. Sarkozy has already compared the phone-tapping to East German Stasi tactics, and he appeared on French television Wednesday night to blast the ‘political exploitation’ of the legal system.

Nevertheless, Sarkozy will find it difficult to proceed with plans to retake the presidency of his center-right Union pour un mouvement populaire (UMP, Union for a popular movement) later this year. Sarkozy is believed to be keen on returning to the UMP presidency in light of former UMP president Jean-François Copé’s resignation in late May, related to accusations of falsifying 2007 campaign invoices to evade spending limits. 

The current scandal revolves around phone taps that revealed conversations between Sarkozy and his attorney, Thierry Herzog. Those taps, however, were originally designed to gather information about whether Sarkozy’s 2007 campaign was illegally financed with up to €50 million from former Libyan president Muammar Gaddafi. 

The Herzog conversations, however, relate to yet another scandal, the  Bettencourt affair, in which L’Oréal heiress and socialite Liliane Bettencourt may have ferried illegal funding to Sarkozy’s reelection efforts. Though investigators ruled out charging Sarkozy in the Bettencourt matter, the case revolved around the admissibility of Sarkozy’s presidential diaries.

Sure, that’s a lot of scandal and a lot of circumstantial noise surrounding Sarkozy. But what happens if Sarkozy actually goes to jail?  Continue reading Don’t rule out Sarkozy just yet for 2017 comeback →