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Media reports CMA CGM's headquarters raided as part of tax case

French shipping group CMA CGM’s headquarters were raided last year by French tax authorities on suspicion that the owning family has attempted to avoid paying domestic taxes, Bloomberg News reports.

CMA CGM owner and CEO Rodolphe Saadé is being investigated by French tax authorities. | Photo: PR / CMA CGM

French shipping group CMA CGM, which has just published a quarterly financial report showing tripled operating earnings, has become involved in a taxation case, as part of which its headquarters in Marseille were raided last year, reports Bloomberg News.

Even though authorities’ search of the company’s main office took place in June last year, it hasn’t become public knowledge until a recent tax case emerged.

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