Bollore Group fined 12 mln euros in Africa graft case – prosecutor

PUBLISHED: Fri, 26 Feb 2021 15:02:22 GMT

PARIS, Feb 26 (Reuters) – French group Bollore will pay a 12 million-euro ($14.55 million) fine following a transaction with prosecutors in an alleged bribery case in Africa, France’s financial prosecutor said on Friday.

The transaction effectively puts an end to the legal proceedings in the case against the conglomerate, led by billionaire Vincent Bollore, French Financial Prosecutor Jean-François Bohnert said in a written statement.

“The investigation had concerned the corruption of foreign public officials, abuse of trust and complicity in breaches of trust committed between 2009 and 2011,” the financial prosecutor said.

Bollore’s lawyer Olivier Baratelli and Bollore’s spokesman didn’t answer calls seeking comment. ($1 = 0.8247 euros) (Reporting by Gwenaelle Barzic and Mathieu Rosemain)

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