President Sarkozy 'one level away' from official charges

Former French President Nicholas Sarkozy has been placed under formal investigation by investigators after a hearing late on Tuesday night.

.As ITV News Europe Editor James Mates reports, this is one level below an official charge.

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Fmr Pres #Sarkozy placed under formal investigation early today for influence peddling, corruption. 1 level below being officially charged.

Under French law, when a suspect is placed under formal investigation, he or she is then examined by a judge, who determines whether there is sufficient evidence for the suspect to be charged.

More: Sarkozy detained: French Connection meets ‘The Wire’

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Nicolas Sarkozy: 'I have not betrayed my country'

Former French President Nicolas Sarkozy has denied any wrongdoing and says he has not "betrayed" his country after being put under formal investigation for corruption.