Fear has gripped the art collectors who jealously guard their paintings in the free ports of Geneva, Luxembourg, and Singapore. Because the owner of the vaults, the dealer and businessman Yves Bouvier, has been arrested in Monaco, charged with fraud and money laundering. Released on a bail of 10 million euros, he is allowed to move around Switzerland and Luxembourg. The complaint, for fraud and price manipulation, was filed by the Russian oligarch Dmitry Rybolovlev, owner of the football club of the Principality of Monaco.
Read more about affaire bouvier here: https://www.heidi.news/explorations/the-fox-and-the-oligarch-the-incredible-bouvier-vs-rybolovlev-case/war-is-declared-in-monaco