Don't miss

Replay


LATEST SHOWS

THE DEBATE

Populist takeover: Italy approves unprecedented coalition

Read more

FOCUS

Young Nicaraguans lead protests against President Ortega

Read more

ENCORE!

Music show: Opera singer Lawrence Brownlee, Snow Patrol & Natalie Prass

Read more

TALKING EUROPE

EU Commissioner Johannes Hahn: 'Either we import stability, or we export instability'

Read more

TALKING EUROPE

From Italy to Cyprus via Hungary: A look back at key events in Europe

Read more

BUSINESS DAILY

US-China trade war is 'on hold'

Read more

#TECH 24

Is GDPR a good thing for EU tech companies?

Read more

PERSPECTIVE

'The internet is like water, we need to help children understand how to swim'

Read more

THE OBSERVERS

Horse massacres in Iran, fake news turning deadly in India, and Ivory Coast's drought

Read more

Africa

Togo will share info on Vincent Bolloré with French inquiry if asked

© AFP archives | File photo of French billionaire Vincent Bolloré

Text by FRANCE 24

Latest update : 2018-05-04

Togo will provide information to the French inquiry into billionaire Vincent Bolloré’s Africa operations if asked to do so, Public Function Minister Gilbert Bawara said on Friday, adding Togo "has nothing to add" on the matter.

“The Togolese state has nothing to add to the dossier which is in process in France,” Bawara told Victoire FM.

“However, if ... [Togo] is requested to provide information or any evidence at all, rest assured we will do so willingly.”

French industrialist Vincent Bolloré went on the offensive Sunday over the corruption charges brought against him over his business dealings in Africa, claiming the case was rooted in prejudice about the continent.

In an opinion article in French weekly Le Journal du Dimanche, the head of the Bolloré Group, who has been charged in connection with the awarding of two lucrative port concessions in West Africa, said the continent was wrongfully portrayed in France as a "land of misrule, even corruption".

"People imagine heads of state deciding by themselves to award huge contracts to unscrupulous investors."

Investigating magistrates last week charged the 66-year-old over allegations that his group's communications arm undercharged the presidents of Guinea and Togo for work on their election campaigns as sweeteners for contracts to operate Conakry port and Lome port.

Defending himself against the claims, Bolloré wrote: "Who could imagine that a few hundred thousand euros in spending on communications, which were accounted for in a transparent manner ... determined hundreds of millions of euros in investment in port operations that require significant technical know-how, obtained through international tenders?"

Bolloré, one of France's most powerful businessmen, sits at the head of a sprawling business empire with revenues of €18.3 billion ($22.4 billion) in 2017 and interests in everything from construction and logistics to media, advertising and agriculture.

Africa accounts for about 20 percent of its turnover, excluding the Vivendi media group, which is controlled by the family-run Bolloré Group.

(FRANCE 24 with AFP)

Date created : 2018-05-04

  • FRANCE

    French tycoon Bolloré fights Africa graft allegations

    Read more

  • FRANCE

    French tycoon Vincent Bolloré indicted over suspected Africa corruption

    Read more

  • FRANCE

    French tycoon Vincent Bolloré detained over suspected Africa corruption

    Read more

COMMENT(S)