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French Media Tycoon Vincent Bolloré Sued for Corruption and Money Laundering in Africa

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Paris, March 2025 – French media and business magnate Vincent Bolloré is facing a lawsuit filed in a French court by the alliance “Restitution for Africa,” which accuses him of corruption, fraud, and money laundering linked to his extensive business dealings on the African continent.

Allegations Against Bolloré

The lawsuit claims that Bolloré and his son secured lucrative shipping and logistics contracts in African ports through bribery and illicit financial dealings. The alliance alleges that the Bolloré Group financed the presidential campaigns of leaders in Togo and Guinea in exchange for favorable treatment in awarding port management contracts.

Legal Action and Financial Consequences

The lawsuit demands the seizure and redistribution of profits from Bolloré’s 2022 sale of Bolloré Africa Logistics to Mediterranean Shipping Company (MSC) for €5.7 billion ($6.4 billion). The plaintiffs argue that affected communities in Togo, Guinea, Ghana, Ivory Coast, and Cameroon should benefit from these proceeds as compensation for the alleged economic exploitation.

Previous Legal Troubles

Bolloré has faced legal scrutiny before. In 2021, the French billionaire admitted to corrupt practices in Togo, leading to a settlement that included a fine for his company. However, this new lawsuit seeks broader accountability and potential financial restitution to African communities impacted by his business dealings.

Implications and Response

The case raises serious questions about corporate corruption and the role of foreign companies in African economies. Bolloré’s legal team has denied any wrongdoing, stating that the accusations are “politically motivated” and lack substantial evidence.

French authorities are expected to review the claims, and if the case proceeds, it could have major implications for corporate governance and foreign investment practices in Africa.

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