Tags: EU | Switzerland | Art Seized

Swiss Seize Monet, Van Gogh Works amid US Probe of Fund 1MDB

Friday, 22 July 2016 04:55 AM

GENEVA (AP) — Swiss authorities have seized three paintings by Claude Monet and Vincent van Gogh following a U.S. request as part of a probe into the scandal surrounding Malaysian wealth fund 1MDB.

A Federal Office of Justice spokesman said Friday that van Gogh's "La Maison de Vincent a Arles" and "Saint-Georges Majeur" and Monet's "Nympheas avec Reflets de Hautes Herbes" were confiscated on Thursday. He declined to specify the location of the confiscations because the investigation was ongoing.

The U.S. announced Wednesday moves to recover over $1 billion that officials say was stolen from 1MBD by people close to Malaysian Prime Minister Najib Razak.

U.S. federal complaints say the diverted funds paid for luxury U.S. properties, a $35 million jet, artworks, and helped finance Hollywood film, "The Wolf of Wall Street."

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Swiss authorities have seized three paintings by Claude Monet and Vincent van Gogh following a U.S. request as part of a probe into the scandal surrounding Malaysian wealth fund 1MDB.A Federal Office of Justice spokesman said Friday that van Gogh's "La Maison de Vincent a...
EU,Switzerland,Art Seized
131
2016-55-22
Friday, 22 July 2016 04:55 AM
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