Anti-Financial Crime & Financial Crime Compliance
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LATEST: French prosecutor probes transactions involving LVMH’s Arnault, Russian businessman

By Tassilo Hummel

The Paris public prosecutor’s office confirmed on Friday that it is investigating financial transactions involving LVMH owner Bernard Arnault and Russian businessman Nikolai Sarkisov.

It confirmed the opening of a preliminary investigation, which in France does not necessarily imply wrongdoing by those concerned, for whom the presumption of innocence applies.

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