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Bernard Arnault, head of LVMH, denied involvement in an alleged espionage scheme targeting French MP François Ruffin during a court appearance. Prosecutors claim that former security chief Bernard Squarcini spied on Ruffin at LVMH's request, using state resources, while Arnault attributed the actions to a deceased former executive. He criticized Ruffin for using the trial for personal gain, asserting he was unaware of any wrongdoing.
LVMH Chairman and CEO Bernard Arnault is scheduled to testify at a Paris court regarding the trial of former French spy chief Bernard Squarcini. This case highlights the extreme measures allegedly taken by the luxury conglomerate to safeguard its reputation.
The former head of France’s domestic intelligence agency, Bernard Squarcini, is on trial for alleged corruption, accused of spying for LVMH and conducting covert surveillance of a prominent critic. While Squarcini faces questioning in Paris, neither Bernard Arnault nor LVMH is on trial. In 2021, LVMH settled with prosecutors for €10 million without admitting guilt.
Bernard Squarcini
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14:50 28.11.2024
02:05 28.11.2024
09:05 13.11.2024
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