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Spanish Banker Gets 18 Months In Jail For Trying To Smuggle Out Picasso Artwork

Spanish Banker Gets 18 Months In Jail For Trying To Smuggle Out Picasso Artwork

Friday, January 17, 2020, 8:00 AM

A Spanish court has sentenced a former top banker to 18 months in jail for trying to smuggle a Picasso painting deemed a national treasure out of the country on a sailing yacht. The court also fined ex-Bankinter head Jaime Botin 52.4 million euros ($58.4 million), according to the Madrid court ruling issued on January 14 which was made public on Thursday.
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