French Police Raids Escalate Altice-Linked Corruption Case

Police carried out raids across France on Tuesday as part of the ongoing corruption probe involving billionaire Patrick Drahi’s telecommunications group Altice.

Searches took place at 15 homes and 14 companies located in Ile-de-France, Corsica, Var and Vosges, France’s financial prosecutor said in a statement on Tuesday. Police recovered evidence and seized assets including vehicles, luxury items and more than €14 million ($16.2 million) from bank accounts.