Police have seized a portrait attributed to Renaissance master Leonardo da Vinci from the vault of a Swiss bank during an investigation into tax crime and insurance fraud, an Italian court said on Tuesday. Negotiations to sell the oil painting of a 15th-century noblewoman, Isabella D’Este, for around €120 million (CHF126 million) were at an advanced stage, the prosecutor’s office in Pesaro, Italy, said in a statement. Police were first alerted to the existence of a possible da Vinci after a southern Italian lawyer was found in 2013 with a warrant to sell it for no less than €95 million. But the initial investigation failed to find the painting. A separate investigation into tax crimes and insurance fraud uncovered evidence that eventually led police to the picture, which they seized on Monday in Lugano, canton Ticino, near the Swiss-Italian border. Investigators did not say who owned the painting or how many people were under investigation for conspiracy to traffic … Show more
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Culture
– SWI swissinfo.ch
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