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Breaking News

Makeover of Casino Square to dramatically change the look of Monte Carlo

New twist in art dealer case

New twist in art dealer case

By Staff Writer - August 24, 2017

art

The legal fight between Monaco resident Dmitry Rybolovlev and art figure Yves Bouvier has taken a dramatic new turn with revelations by French investigative website Mediapart, also reported in Swiss business newspaper Bilan, that the Russian billionaire’s lawyer, Tetiana Bersheda, had multiple direct contacts with Monaco’s judicial police.

Two officials have been named and Yves Bouvier’s lawyers regard the revelations as a blessing, since they could be taken to suggest an attempt to manipulate the officials in the high-profile dispute between the two men.

On January 9, 2015, two companies of the Rybolovlev family office filed a complaint against the Swiss art dealer and consultant Bouvier for fraud and complicity in money laundering. They accused Bouvier of having made exorbitant margins on forty works acquired by Rybolovlev, when he was retained as a consultant by the Russian. These included famous works by artists such as Picasso, Modigliani and Rothko.

Dmitri Rybolovlev is the majority owner of AS Monaco soccer team.


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