Picasso painting seized on yacht returns to Spain
Madrid
A PICASSO worth over 25 million euros (S$39 million) that was seized from a yacht off the French island of Corsica was transferred to a Madrid museum on Tuesday. The painting, which was subject to a Spanish export ban, had been seized by French Customs at the end of July.
On Tuesday, a team of Spanish police experts in national heritage flew to Corsica to retrieve the painting, and escorted it to the Reina Sofia Museum, which houses Picasso's large anti-war masterpiece Guernica, a police statement said. They were accompanied by an art restorer and an expert in packaging art works from the museum.
Share with us your feedback on BT's products and services
TRENDING NOW
China narrows AI gap with US as open-source shift could hit valuations: George Yeo
‘So little’?: Why critics of Temasek’s 10.5% returns in a bull run are getting it wrong
Samsung, SK Hynix and leveraged ETFs drive 70% of Korea trading, drawing criticism
Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects