Six years after the start of the proceedings, the Swiss courts closed the proceedings concerning the case between Dimitri Rybolovlev and Yves Bouvier. In January 2015, the Russian billionaire and president of AS Monaco accused the Swiss art dealer of having defrauded him by selling him at exorbitant margins a collection of paintings worthy of a museum, including the Salvator Mundi by Leonardo da Vinci, since sold for 450 million dollars, but also Picassos, Matisse, Van Gogh …
“Today marks the end of a nightmare that lasted six years”
He had lodged a complaint in Monaco for fraud committed according to him during three transactions, relating to a da Vinci, a Gauguin and a Rothko. His lawyers had also seized Swiss justice for many other transactions, tainted according to them by fraud, breach of trust and money laundering. Yves Bouvier defended himself against any fraud and claimed to have realized capital gains as any person buying and selling a property has the right.
“Today marks the end of a nightmare that lasted six years”, the art dealer said in a statement. “The truth has prevailed, as I have said since the first day of his attacks. It is a total victory. “
The Russian oligarch, with whom Prince Albert II appears in the gallery at AS Monaco matches, was indicted in 2018 for “active corruption” and “influence peddling”, and the investigation was widened in 2021 to the count of “illegal taking of interests”.