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.

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 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.