State, oligarch and royal in tug-of-war over painting

A painting by Renaissance master El Greco has found itself at the centre of a fierce ownership row between the Romanian state, a disputed prince and a Russian oligarch.

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The latter, billionaire businessman Dmitry Rybolovlev, currently owns the artwork, thought to be worth between $7-9 million (227-291 million baht), and has been looking to sell it.

But the early 17th-century painting of Saint Sebastian, which shows the martyr's body pierced by arrows, did not go on sale as planned earlier this year. Instead, it has been stranded at Christie's in New York until all the legal wrangling is resolved.