Spanish banker Jaime Botin charged with “smuggling” of a Picasso – La Hora (Ecuador)

AFP

The Spanish banker Jaime Botin, member of an influential family, was accused of “smuggling of cultural goods” Two months after taking the country on a yacht a Picasso declared “inexportable” reported Friday sources close to the investigation.

“Head of young woman,” the work confiscated on July 31 aboard the boat on the Mediterranean island of Corsica by the French customs and guarded now at the Reina Sofia Museum in Madrid, earned the president of Bankinter a criminal complaint in court of Pozuelo de Alarcon, close to Madrid, according to these sources.

The banker tried in vain since 2012 to obtain authorization to export, estimated at 26 million euros (29.5 million dollars) and considered by the country as a “inexportable” cultural well the canvas, because “there is no such work in Spain” of this artistic period of Pablo Picasso.