Deep Dive | France
DGSE pins hopes on upcoming court case to recover part of its war chest

Subscribers only By Thierry Lévêque

Published on 08.01.2026 at 05:00 GMT Reading time 3 min

The DGSE's cursed treasure (4/4) – A fund set up in the wake of the two world wars, to finance a government in exile if France were again occupied, eventually became a curse. In this episode we dig into the State's hopes of minimising its losses relating to its relationship with a Franco-Swiss businessman.

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The DGSE's cursed treasure (4/4 published parts)

Set up in the wake of the two world wars with the aim of financing a French government in exile should the country suffer a collapse similar to that of 1940, the hidden fund of France's DGSE foreign intelligence service eventually became a curse. Intelligence Online lifts the veil on one of the French Republic's best-kept secrets.