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Radio France Internationale
Radio France Internationale
National
RFI

French billionaire investigated in money laundering probe

LVMH head Bernard Arnault attends the LVMH Innovation Awards on the sidelines of the Vivatech technology startups and innovation fair in Paris, on June 15, 2023. AFP - LUDOVIC MARIN

Paris (AFP) – French billionaire Bernard Arnault and Russian oligarch Nikolai Sarkisov are under investigation for alleged money laundering at a luxury Alpine resort, according to Paris prosecutors.

The probe concerns their activities in Courchevel, a ski resort in the French Alps known for being a playground for the ultra-rich, they said late Thursday.

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