Keyword: Togio

Why French tycoon Vincent Bolloré faces probe over African business practices

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Vincent Bolloré with President Nicolas Sarkozy in March 2008. © Reuters Vincent Bolloré with President Nicolas Sarkozy in March 2008. © Reuters

The French businessman Vincent Bolloré has been placed under formal investigation over the alleged corruption of foreign public officials and complicity in corruption. The probe into the well-connected businessman, who has amassed much of his fortune through his dealings in Africa, relates to how one of its companies won the concessions to run the ports at Lomé in Togo and Conakry in Guinea, and the use of his communications firm in the electoral campaigns of African leaders. Martine Orange gives the background to the allegations.