Court raises sentence for banker who smuggled a Picasso

Top Stories

A Spanish court has raised the sentence against a former bank president found guilty of trying to smuggle a painting by Pablo Picasso out of the country.

The Madrid court announced the decision Tuesday to raise the sentence against fined ex-Bankinter head Jaime Botin to three years instead of 18 months. The move came after the prosecution detected an error in the original sentence handed down last month.

The court also raised the amount Botin was fined from 52.4 million euros ($57. 9 million) to 91.7 million euros.

The trial last year heard how a team of Spanish police experts flew to the French island of Corsica in 2015 to retrieve the painting, Picasso’s masterpiece “Head of a Young Woman.” The Spanish government had ruled in 2012 that the painting, which is valued at some 24 million euros ($26.5 million), could not be taken out of the country.

The work was owned by Botin, an uncle of Ana Botin, president of the powerful Santander banking group.

Corsican authorities said they had been tipped off about an attempted smuggling of the prized painting from Spain by boat. They said the oil painting, which comes from the Cubist master’s “pink period” and features a woman with long black hair, was seized when the boat’s captain was unable to produce a proper certificate.

On the boat, authorities found a document in Spanish confirming that the work was of “cultural interest” and was banned from leaving Spain, Picasso’s homeland, without permission.

Related listings

  • Bangladesh court orders 231 factories closed to save river

    Bangladesh court orders 231 factories closed to save river

    Top Stories 01/19/2020

    Bangladesh’s High Court has asked authorities to shut down 231 factories surrounding the highly polluted main river in the nation’s capital, lawyers and activists said Tuesday. Manzil Murshid, who filed a petition with the court seeking i...

  • Germany jails man for tricking women into electric shocks

    Germany jails man for tricking women into electric shocks

    Top Stories 01/09/2020

    A Munich court on Monday convicted a German man of more than a dozen offenses of attempted murder for tricking women and girls into giving themselves electric shocks while he watched over the internet.The regional court in the Bavarian capital senten...

  • Court upholds creation of national monument in Atlantic

    Court upholds creation of national monument in Atlantic

    Top Stories 12/25/2019

    A federal appeals court on Friday upheld former President Barack Obama's designation of a federally protected conservation area in the Atlantic Ocean, a move that commercial fishermen oppose.Fishing groups sued over the creation of Northeast Canyons ...

New Rochelle, New York Personal Injury Lawyers

If you or a loved one has been injured in an accident, contact Kommer, Bave & Ollman, LLP, in New Rochelle, New York, immediately. We can answer all your questions and work with you to determine if you have the grounds for a personal injury lawsuit. The attorneys at our firm are determined to resolve even the most difficult of cases. We will work closely with you to determine the best course of action to get your claim or case resolved in the most efficient way possible. We will fight for your right to compensation! No one should have to suffer a financial burden from the result of another person’s carelessness. The attorneys at Kommer, Bave & Ollman, LLP will aggressively fight to ensure that justice is served on your behalf.