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flag French billionaire Vincent Bolloré faces fraud and corruption charges over African port deals.

flag French billionaire Vincent Bolloré and his son Cyrille are under investigation for fraud and corruption related to African port operations. flag African civil society groups accuse Bolloré Group of using corrupt practices to secure port concessions and then selling its African logistics business for €5.7 billion. flag The case, filed with French prosecutors, marks a shift in focus from bribe recipients to bribe payers and could lead to asset reallocation for development in affected African countries.

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