What is the ₹2.62 crore blackmail case involving Bernard Arnault, LVMH’s CEO?
1 month, 2 weeks ago

What is the ₹2.62 crore blackmail case involving Bernard Arnault, LVMH’s CEO?

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LVMH CEO Bernard Arnault will testify in a Paris courtroom this week in a high-profile blackmail case involving allegations that he was targeted over a purported extramarital affair. The court seeks to determine whether Arnault, one of the world’s richest men, was truly “completely unaware” of the scheme, as he has claimed, as per a Bloomberg report. In late 2008, after the blackmail threat emerged, Pierre Godé—a key figure in LVMH’s expansion and a close confidant of Arnault—contacted France’s domestic intelligence chief, Bernard Squarcini, for assistance, the Bloomberg report added. Squarcini on trial Squarcini, who later became a private contractor for LVMH, is now on trial for allegedly misusing public resources to benefit Arnault.

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LVMH chief Bernard Arnault to testify in Paris court during trial of France's former spy chief Bernard Squarcini
1 month, 2 weeks ago

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