Facebook Pixel French police may nab Louvre thieves but unlikely to recover their loot | Business World Philippines - newspaper - Les denne historien på Magzter.com
Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År

Prøve GULL - Gratis

French police may nab Louvre thieves but unlikely to recover their loot

Business World Philippines

|

October 22, 2025

Crime gangs around Europe are increasingly robbing valuable jewels and gold from cash-needy museums like the Louvre, but while law enforcement often catches the thieves, they struggle to recover the priceless goods, police and art experts say.

Only a small pool of criminals would be capable of such a job as Sunday's audacious robbery in Paris and may already be known to police, the specialists say. But the objects themselves could be quickly broken down into component parts and sold on.

"If I steal a Van Gogh, it's a Van Gogh. I can't dispose of it through any other channel than an illicit art market," said Marc Balcells, a Barcelona-based expert in crimes against cultural heritage. "But when I am stealing ... jewelry, I can move it through an illicit market as precious stones."

The brazen heist of crown jewels from the Louvre, the world's most visited museum, has been decried by some as a national humiliation and sparked security checks across France's multitude of cultural sites.

"If you target the Louvre, the most important museum in the world, and then get away with the French crown jewels, something was wrong with security," said art investigator Arthur Brand.

"It's one of the biggest manhunts in French history."

Officials at the Louvre, home to artworks such as the Mona Lisa, had in fact already sounded the alarm about lack of investment.

The Culture and Interior Ministers agreed in an emergency meeting to investigate what went wrong and to strengthen security measures where necessary at cultural institutions across the nation.

"For too long we have looked into the security of visitors but not the security of art works," Culture Minister Rachida Dati told M6TV, adding that she was hoping to put in place shortcuts to public procurement rules to speed up security enhancements in museums.

FLERE HISTORIER FRA Business World Philippines

Business World Philippines

Business World Philippines

More shops, better gardens, and a transport hub

Trinoma expands in its 19th year as it adapts to changing customers

time to read

3 mins

May 25, 2026

Business World Philippines

Submarine cable vessels granted relief from duties

THE Bureau of Customs (BoC) said it is granting temporary relief on duties for foreign vessels laying and repairing submarine cable.

time to read

1 min

May 25, 2026

Business World Philippines

The Philippines at the AI crossroads: What the country and its industry leaders must do now

OUR COUNTRY’S outsourcing empire is now facing a reckoning, Artificial Intelligence (AI) is already encroaching on the Philippine economy: inside the contact centers, back-office operations, financial services firms, and the shared service centers that employ nearly two million Filipinos and anchor more than 8% of the country’s GDP.

time to read

6 mins

May 25, 2026

Business World Philippines

DAR completes P200M worth of bridge projects, condones P190M in Nueva Ecija farmer debt

THE Department of Agrarian Reform (DAR) said it turned over two bridges worth nearly P200 million in Guimba, Nueva Ecija, while also forgiving close to P190 million in unpaid land amortizations for agrarian reform beneficiaries in Central Luzon.

time to read

1 min

May 25, 2026

Business World Philippines

Megawide unit tops off second One Lancaster Park tower

MEGAWIDE Construction Corp.’s property arm PH1 World Developers, Inc. said its One Lancaster Park Tower 2 project has reached structural topping-off, marking the second tower in the Cavite development to achieve the milestone this year.

time to read

1 mins

May 25, 2026

Business World Philippines

Business World Philippines

Twin stars

UAAGI, Wheels, Inc. open BAIC and Chery dealership on Quezon Avenue

time to read

2 mins

May 25, 2026

Business World Philippines

Samsung Electronics workers begin voting on pay deal, some non-chip employees to oppose it

Samsung Electronics’ workers in South Korea on Friday began voting on a pay deal that ensures huge bonuses for its memory chip workers, but other employees who didn’t fare as well said they plan to oppose it.

time to read

2 mins

May 25, 2026

Business World Philippines

TRAIN fuel taxes seen worsening oil shocks

A POLICY BRIEF by the Congressional Policy and Budget Research Department (CPBRD) said the Philippines’ fuel tax system has increased consumers’ exposure to global oil price shocks, while rigid fare-setting mechanisms keep transportation costs elevated even when world oil prices decline.

time to read

1 mins

May 25, 2026

Business World Philippines

ICC case vs Senator dela Rosa seen testing Marcos governance narrative

PHILIPPINE President Ferdinand R. Marcos, Jr. should stress that any move to enforce an International Criminal Court (ICC) arrest warrant against Senator Ronald M. dela Rosa is being carried out through legal and constitutional processes, political analysts said, as the politically charged case threatens to deepen tensions ahead of the 2028 presidential election.

time to read

2 mins

May 25, 2026

Business World Philippines

Electric power to the people

It’s good to go full EV, but we need government support, too

time to read

4 mins

May 25, 2026

Listen

Translate

Share

-
+

Change font size