France intensifies corruption probe involving telecoms giant

Vehicles, luxury items and €14m seized in raids as part of Altice case

French billionaire Patrick Drahi co-founded Altice. Photo: Bloomberg

Police carried out raids across France yesterday as part of the ongoing corruption probe involving billionaire Patrick Drahi’s telecommunications group Altice.

Searches took place at 15 homes and 14 companies located in Ile-de-France, Corsica, Var and Vosges, France’s financial prosecutor said in a statement yesterday.

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