Thursday

$80 million Picasso's Recovered

French police have arrested three people in possession of three art works by Pablo Picasso stolen from the Paris flat of the artist's granddaughter as she lay sleeping back in February. Police surveillance teams arrested the three suspects overnight in the 16th arrondissement of Paris. The two paintings and a drawing by the Spanish master, worth more than $80 million, were taken from the flat of Diana Widmaier-Picasso overnight on February 26. "The art works are apparently in good condition," said Widmaier-Picasso's lawyer Olivier Baratelli after their recovery. He praised the work of the police and the investigating magistrate on the case. Officers recovered the paintings after a contact in the art world tipped off the OCBC, the French police unit dealing in stolen art, police sources said. Art dealers had agreed that the paintings were not sellable, given their masterpiece status, and were bound to reappear eventually. Picasso died on April 8, 1973 at his home in the southern French town of Mougins. He was 91. (For full source and full article click the Headline). Irish Art