https://en.sputniknews.africa/20250320/african-countries-file-lawsuit-against-french-billionaire-on-charges-of-fraud--corruption-reports-1071172883.html
African Countries File Lawsuit Against French Billionaire on Charges of Fraud & Corruption: Reports
African Countries File Lawsuit Against French Billionaire on Charges of Fraud & Corruption: Reports
Sputnik Africa
French billionaire Vincent Bolloré's ports and logistics unit, sold in 2022, employed over 20,000 people across 20 African countries, operating 16 ports and... 20.03.2025, Sputnik Africa
2025-03-20T09:13+0100
2025-03-20T09:13+0100
2025-03-20T17:44+0100
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A group of five African countries filed a lawsuit against one of France's leading entrepreneurs, billionaire Vincent Bolloré, on charges of fraud and corruption, as reported by the Club of Mozambique portal.According to the media, Ghana, Guinea, Cote d'Ivoire, Cameroon, and Togo allege that Vincent Bolloré and one of his sons illegally obtained concessions to operate seaports on the African continent and illegally enriched themselves from this.Investigators are also looking into allegations that Bolloré illegally supported the 2010 presidential campaigns of Faure Gnassingbé in Togo and Alpha Condé in Guinea in exchange for port concessions in Lomé and Conakry, respectively.According to Forbes magazine, the Bolloré family's fortune is estimated at $9.9 billion. It owns several right-wing media outlets in France.
https://en.sputniknews.africa/20250318/us-absolutely-not-going-to-return-statue-of-liberty-to-france-white-house-says-1071139193.html
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international, france, economy, guinea, togo, cote d'ivoire (ivory coast), ghana, cameroon, billionaires, fraud, corruption, law, lawsuit, port
international, france, economy, guinea, togo, cote d'ivoire (ivory coast), ghana, cameroon, billionaires, fraud, corruption, law, lawsuit, port
African Countries File Lawsuit Against French Billionaire on Charges of Fraud & Corruption: Reports
Ekaterina Shilova
Writer / Editor
French billionaire Vincent Bolloré's ports and logistics unit, sold in 2022, employed over 20,000 people across 20 African countries, operating 16 ports and transport hubs. Cyril Bolloré, his youngest son, took over the unit from his father in 2019.
A group of five African countries filed a lawsuit against one of
France's leading entrepreneurs, billionaire Vincent Bolloré, on charges of fraud and corruption, as reported by the Club of Mozambique portal.
According to the media, Ghana, Guinea, Cote d'Ivoire, Cameroon, and Togo allege that Vincent Bolloré and one of his sons illegally obtained concessions to operate seaports on the
African continent and illegally enriched themselves from this.
Investigators are also looking into allegations that Bolloré illegally supported the 2010 presidential campaigns of Faure Gnassingbé in Togo and Alpha Condé in Guinea in exchange for port concessions in Lomé and Conakry, respectively.
According to
Forbes magazine, the Bolloré family's fortune is estimated at $9.9 billion. It owns several right-wing media outlets in France.
