A Picasso painting valued at €25 million was seized from a superyacht belonging to former Santander bank VP Jaime Botín this week, after the work left Spain, reportedly en route to Switzerland.  The work had been placed under export bar by the Spanish government, resulting in its seizure off the coast of Corsica.  

Read more at The Guardian

This entry was posted on Wednesday, August 5th, 2015 at 3:46 pm and is filed under Art News, Minipost, News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.