MODIGLIANI MASTERPIECE CONNECTED TO "PANAMA PAPERS"

Apr 11, 2016

By Michael Kramer

Share on
The so-called Panama Papers revelations have led prosecutors in Geneva to open a criminal investigation which is linked to a rare painting by Modigliani.
amadeo-modigliani-seated-man-cane
The artwork was allegedly looted from a Jewish art dealer during the second world war – and the painting was confiscated last week by officials in Geneva.

James Palmer of Mondex Corporation – a Toronto company that tracks plundered artworks, says the Nazis stole the 1918 painting, “Seated Man with a Cane,” from collector Oscar Stettinger – who escaped from Paris at the beginning of the war. Palmer says the painting was estimated to be worth at least $25 million.

The Modigliani was sold at a London auction in 1996 to an offshore company – which was reportedly created by the Mossack Fonseca law firm.

Join Our Fan Club
Coverage Area
Downtown Toronto
96.7FM
Toronto HD
96.3 HD-2
Kingston to Windsor, Parry Sound to Pittsburgh
AM740
ZoomerRadio Logo

Recently Played: