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Dmitry Rybolovlev appeared in court in Monaco on Thursday morning charged with “being complicit in violating privacy” and was released to appear at a later date.
The Russian billionaire, and majority owner of AS Monaco, is involved in a long-running dispute with Swiss art dealer Yves Bouvier over claims that he was overcharged for a number of iconic art works when Bouvier acted as a middleman.
The criminal charge against Rybolovlev stems from a complaint by Monaco resident Tania Rappo, who introduced Bouvier to Rybolovlev in 2003. She was briefly held in custody along with Bouvier in February 2015, under suspicion of moneylaundering.
The high profile affair took a dramatic turn with the sudden resignation and later arrest of Monaco’s top judicial official, Philippe Narmino, four weeks ago. Narmino, and a lawyer acting for Rybolovlev, Tetiana Bersheda, had come under suspicion of colluding in the original arrest of Bouvier through an exchange of text messages. Both have strenuously denied any wrongdoing.
Monaco’s public prosecutor Jacques Doremieux told AFP that Rybolovlev’s brief court appearance Thursday was a “procedural formality”.
“There’s no questioning and it is referred to another date to be heard on its merits.”
No date has been set for a full hearing.
Despite a 46% drop in turnover for the 2020/21 financial year, SBM Monte-Carlo has revealed an exciting new expansion plan for the famed Café de Paris in the Casino Square.
The Yacht Club was the final scene in a series of exclusive events last week that featured two NASA astronauts and showcased the world’s first commercial space station.
Leclerc had a rollercoaster race at the Russian GP, with pole position near the back end of beyond, treacherous rains, and an inability to change tyres during an early pit stop.
Monaco overcame an early setback against the newly-promoted Clermont Foot to secure a fourth consecutive victory in all competitions.
MonacoTech, the Incubator and Accelerator of startups created by the Monegasque State, in partnership with Monaco Telecom and Xavier Niel, convened last month to consider applications, the Government confirmed on Thursday. Out of 67 entries, five were shortlisted for assistance. CIEL markets or leases airborne drones that can fly for several days, carrying a heavier load than traditional drones (up to 70 kg) and at a lower cost. The target markets for this equipment are surveillance, surveying, civil and public safety, communications, information and entertainment. Hyve is a mobile event ticketing application that will permit users to buy, exchange and also sell tickets. The app that also organises your events from start to finish, integrating additional services, such as booking transportation, accommodation. KeeSystem offers an innovative solution to simplify wealth management – independent asset manager, family offices and private banks – with a customised tool to manage all strategic activities and simplify the business of wealth management in an increasingly complex environment. TerraioT consists of creating complete IoT solutions for the smart city – IoT for transport, parking, security, business intelligence. YouStock is an app that allows you to order storage boxes of all sizes, store unused items and store them in secure storage for a specified period of time without moving from home. For the second MonacoTech call for applications, which had a deadline of August 20, 105 files were submitted. A new jury will meet on September 18, 2017 to designate future projects.