AS Monaco President Dmitry Rybolovlev placed in police custody

AS Monaco President Dmitry Rybolovlev placed in police custody

This is a new black cloud over AS Monaco. Its president Dmitri Rybolovlev, was placed in custody on Tuesday morning, a few hours away from the match in the Champions League, his club at the Stade Brugge at the Stade Louis II.

The billionaire was still in custody late Tuesday afternoon, as well as several protagonists in the court case according to Le Monde. His spectacular villa, "The Belle Epoque" was raided in the morning. Other searches were carried out in the morning.

"Monacogate"

The Russian businessman is at the center of judicial information opened a year ago by the Prosecutor General of Monaco to shed light on the existence of a secret network working for the former Russian oligarch struggling with local justice. An affair sometimes called "Monacogate". The investigation dealt with the facts of "corruption", "active and passive trading in influence" and complicity in these offenses.

Opposite the Swiss art dealer Yves Bouvier in a case of fraud, Dimitri Rybolovlev would have received preferential treatment from the Monegasque judicial authorities, as had already revealed Le Monde. The latter had access to hundreds of SMS exchanged between the entourage of the owner of AS Monaco and the bosses of the local judicial police or the Minister of justice of the principality, Philippe Narmino, who had resigned in stride .

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