Billionaire Bollore Is Charged in French Bribery Investigation
- Probe focuses on port contract deals in Togo and Guinea
- Bollore group says chief executive ‘remains presumed innocent’
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Billionaire Vincent Bollore and two other men were charged by French investigators late Wednesday as part of a probe into the possible use of bribes in two African countries to obtain port contracts from public officials.
The case stems from a case focusing on suspicions of foul play when Bollore SA was awarded contracts to operate container terminals in Lome, Togo, and Conakry, Guinea, according to a statement from his company. A Bollore SA executive and an official at Havas, an advertising company linked to Bollore, were also charged, according to a person familiar with the matter. All three men were released last night.