LVMH boss Bernard Arnault under investigation in Paris over Russian oligarch transactions
Publishing timestamp: 2023-09-29 10:39:26
Summary
The article reports that the Paris prosecutor's office is investigating LVMH CEO Bernard Arnault over financial transactions involving Russian oligarch Nikolai Sarkisov. Sarkisov had reportedly bought real estate at an Alpine resort with the help of a loan from Arnault. The preliminary investigation does not imply wrongdoing, and both Arnault and Sarkisov have denied any involvement in the transaction.
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