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French tycoon Bolloré to face corruption trial over elections in Togo and Guinea

France

French billionaire Vincent Bolloré is set to face trial on corruption and embezzlement charges linked to election campaigns in Togo and Guinea between 2009 and 2011, prosecutors said on Thursday. Bolloré, the former head of his family’s eponymous multinational group, is accused of undercharging for services provided to presidential candidates in both countries in exchange for port contracts.

File photo of Vincent Bolloré taken at a hearing of a parliamentary inquiry commission at the National Assembly,  Paris, on March 13, 2024.
File photo of Vincent Bolloré taken at a hearing of a parliamentary inquiry commission at the National Assembly, Paris, on March 13, 2024. © Thibault Camus, AP

French ⁠billionaire Vincent Bolloré ​is set to face trial on corruption and ​embezzlement charges related to election campaigns in Togo and Guinea in 2009, 2010 and 2011, the French financial ​prosecutor's spokesperson ‌said on Thursday.

Bolloré is ⁠suspected of having bribed foreign officials in Puteaux, a Paris suburb, ‌during the election campaign of presidents Faure Gnassingbe ⁠in Togo and Alpha Conde in Guinea, the spokesperson said.

The French tycoon had been ​placed under formal investigation in 2018 ‌over allegations his company undercharged for work on behalf of presidential candidates in Guinea and Togo ‌in return for port contracts.

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Conglomerate Bolloré Group, which is controlled and run ​by the billionaire's family, used to own logistics assets in Africa but sold them to shipping ​company MSC Group in 2022.

Bolloré and his family ​also own significant stakes in ​listed companies such as Vivendi and Havas.

Two other persons are co-defendant ​in the corruption cases, the prosecutor said, Gilles Alix, who used to be board member of Vivendi, and Jean-Philippe Dorent, who is currently head ⁠of Havas International Consulting.

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Representatives for Bollore and his lawyer did ⁠not immediately respond ​to requests for comment.

(FRANCE 24 with Reuters)