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in Fashion

Bernard Arnault’s Lawyer Says Money Laundering Allegations Are Unfounded

by Editor October 1, 2023, 10:32 pm 2k Views

Bernard Arnault’s Lawyer Says Money Laundering Allegations Are Unfounded

Allegations of possible money laundering by Bernard Arnault are “as absurd as they are unfounded,” the French billionaire’s lawyer said in a statement on Saturday.

The Paris public prosecutor’s office said on Friday it is investigating possible money laundering involving Russian businessman Nikolai Sarkisov and Arnault, the chief executive officer of LVMH Moet Hennessy Louis Vuitton SE. The investigation is related to property in the…

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