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Accident and money laundering in Africa: New complaint against the Bolloré group

20/03/2025
Source : ORISHAS FINANCE
Categories: Compliance

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Le mercredi 19 mars 2025, plusieurs médias ont annoncé que 11 non-governmental organizations based in five African countries have filed a complaint with the National Financial Prosecutor's Office in Paris (France) against the French group Bolloré, for concealing and laundering money

.

The plaintiffs aim for criminal proceedings as well as the return of funds estimated by the plaintiffs at nearly 5.7 billion euros ($6.22 billion). They want the resources they consider to be plundered to be redistributed to the African communities that are victims. The initiative is based on a documented investigation carried out over several years by the complainant NGOs, grouped together in the collective called “Restitution for Africa”

(RAF).

In Togo and the Republic of Guinea, Bolloré is accused of having provided services to the leaders of these countries via his communication group (now Havas) to maintain the interests of his logistics company. In Cameroon, Ghana and Côte d'Ivoire, the French group is accused of having benefited from acts of corruption, favoritism or influence peddling to obtain port concessions in these countries

.
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