Africa: French Billionaire Bolloré Targeted in African Ports Corruption Case

African civil society groups have filed a complaint against French billionaire Vincent Bolloré and his son Cyrille, accusing them of money laundering and concealing ill-gotten gains from port operations in Africa. The complaint, submitted by 11 NGOs from six African countries, alleges corrupt practices in securing port concessions before selling operations for €5.7 billion. Bolloré previously settled a case in 2021 but now faces charges of corruption; the collective seeks restitution under France’s 2021 law to benefit African development projects.

Full Article