French billionaire Bollore targeted in fraud case over Africa ports

President of Vivendi supervisory board Vincent Bollore ahead of a hearing before the parliamentary inquiry commission into the procedures for granting authorizations of national televisions services at the National Assembly in Paris, on March 13, 2024. [AFP]

Groups from five African countries filed fraud and corruption complaints Wednesday accusing French billionaire Vincent Bollore and one of his sons of illegally obtaining and benefitting from port concessions.

Bollore Group's African ports and logistics business, which the tycoon sold off in 2022, employed more than 20,000 people in 20 African countries, running 16 ports as well as warehouses and transport hubs across the continent.