Dubai Telegraph - Louvre jewel heist valued at $102 mn: French prosecutor

EUR -
AED 4.278489
AFN 76.301366
ALL 96.530556
AMD 444.389335
ANG 2.085119
AOA 1068.154458
ARS 1670.316609
AUD 1.75427
AWG 2.096704
AZN 1.984845
BAM 1.955415
BBD 2.345238
BDT 142.439297
BGN 1.957372
BHD 0.439074
BIF 3456.06653
BMD 1.164835
BND 1.508396
BOB 8.046379
BRL 6.313529
BSD 1.16437
BTN 104.690912
BWP 15.469884
BYN 3.34764
BYR 22830.773166
BZD 2.341828
CAD 1.611422
CDF 2599.912958
CHF 0.937162
CLF 0.02734
CLP 1072.545921
CNY 8.235507
CNH 8.234944
COP 4446.759008
CRC 568.78787
CUC 1.164835
CUP 30.868137
CVE 110.780379
CZK 24.198994
DJF 207.014999
DKK 7.469472
DOP 74.84113
DZD 151.385181
EGP 55.40272
ERN 17.47253
ETB 180.60972
FJD 2.630723
FKP 0.8723
GBP 0.873382
GEL 3.149553
GGP 0.8723
GHS 13.337819
GIP 0.8723
GMD 85.033396
GNF 10119.511721
GTQ 8.919242
GYD 243.610929
HKD 9.068302
HNL 30.667954
HRK 7.538703
HTG 152.42995
HUF 382.163892
IDR 19442.733022
ILS 3.76907
IMP 0.8723
INR 104.795933
IQD 1525.399284
IRR 49054.133779
ISK 149.006189
JEP 0.8723
JMD 186.373259
JOD 0.825914
JPY 180.836077
KES 150.617641
KGS 101.8653
KHR 4665.166047
KMF 491.560932
KPW 1048.343898
KRW 1715.709753
KWD 0.357232
KYD 0.970405
KZT 588.861385
LAK 25249.913875
LBP 104272.296288
LKR 359.159196
LRD 204.939598
LSL 19.73441
LTL 3.439456
LVL 0.704598
LYD 6.329752
MAD 10.752872
MDL 19.812009
MGA 5193.953775
MKD 61.627851
MMK 2446.083892
MNT 4131.091086
MOP 9.337359
MRU 46.433846
MUR 53.664406
MVR 17.950554
MWK 2019.093291
MXN 21.176696
MYR 4.788683
MZN 74.437324
NAD 19.73441
NGN 1689.139851
NIO 42.851552
NOK 11.767103
NPR 167.505978
NZD 2.016522
OMR 0.447885
PAB 1.164465
PEN 3.914028
PGK 4.940241
PHP 68.699705
PKR 326.441746
PLN 4.232667
PYG 8008.421228
QAR 4.244263
RON 5.093014
RSD 117.420109
RUB 89.113003
RWF 1694.158743
SAR 4.371861
SBD 9.5794
SCR 15.722146
SDG 700.652754
SEK 10.953705
SGD 1.509027
SHP 0.873928
SLE 26.791608
SLL 24426.013032
SOS 664.266196
SRD 44.99647
STD 24109.740275
STN 24.495171
SVC 10.187374
SYP 12881.033885
SZL 19.719113
THB 37.125677
TJS 10.683448
TMT 4.076924
TND 3.415727
TOP 2.804644
TRY 49.510866
TTD 7.893444
TWD 36.432793
TZS 2836.374505
UAH 48.875802
UGX 4119.187948
USD 1.164835
UYU 45.541022
UZS 13930.253805
VES 289.561652
VND 30705.060237
VUV 142.19158
WST 3.250066
XAF 655.824896
XAG 0.019865
XAU 0.000276
XCD 3.148026
XCG 2.098577
XDR 0.815408
XOF 655.723589
XPF 119.331742
YER 277.700931
ZAR 19.720255
ZMK 10484.920268
ZMW 26.920577
ZWL 375.076512
  • RBGPF

    0.0000

    78.35

    0%

  • CMSC

    -0.0500

    23.43

    -0.21%

  • RYCEF

    -0.1600

    14.49

    -1.1%

  • GSK

    -0.1600

    48.41

    -0.33%

  • SCS

    -0.0900

    16.14

    -0.56%

  • RELX

    -0.2200

    40.32

    -0.55%

  • NGG

    -0.5000

    75.41

    -0.66%

  • CMSD

    -0.0700

    23.25

    -0.3%

  • VOD

    -0.1630

    12.47

    -1.31%

  • RIO

    -0.6700

    73.06

    -0.92%

  • BTI

    -1.0300

    57.01

    -1.81%

  • JRI

    0.0400

    13.79

    +0.29%

  • BCE

    0.3300

    23.55

    +1.4%

  • BCC

    -1.2100

    73.05

    -1.66%

  • AZN

    0.1500

    90.18

    +0.17%

  • BP

    -1.4000

    35.83

    -3.91%

Louvre jewel heist valued at $102 mn: French prosecutor
Louvre jewel heist valued at $102 mn: French prosecutor / Photo: Dimitar DILKOFF - AFP

Louvre jewel heist valued at $102 mn: French prosecutor

The loot stolen from the Louvre during the weekend heist is valued at more than $100 million, a French prosecutor said Tuesday, as scrutiny mounted over security at the country's cultural institutions.

Text size:

Thieves on Sunday made off with priceless royal jewels from the Louvre museum in a brazen daylight robbery which lasted just seven minutes.

"The Louvre curator estimated the damages to be 88 million euros," or $102 million, said Paris prosecutor Laure Beccuau, calling it an "extraordinary" sum.

But she said the greater loss was to France's historical heritage, adding that the thieves would not pocket the full windfall if they had "the very bad idea of melting down these jewels".

The theft is the latest from French museums in recent months, and has left authorities scrambling to increase protection measures.

In a separate case, a prosecutor said on Tuesday that a Chinese woman had been charged over taking part in the theft of more than $1 million worth of gold nuggets from another Paris museum last month.

Scores of investigators were still looking for Sunday's culprits, working on the theory that it was an organised crime group that clambered up a ladder on a truck to break into the museum, then dropped a diamond-studded crown as they fled.

Beccuau confirmed that four people were involved in Sunday's robbery and said authorities were analysing fingerprints found at the scene.

Detectives were scouring video camera footage from around the Louvre as well as of main highways out of Paris for signs of the four robbers, who escaped on scooters.

- 'Worrying level of obsolescence' -

The heist has reignited a row over the lack of security in French museums, after two other institutions were hit last month.

A report by France's Court of Auditors seen by AFP covering 2019 to 2024 points to a "persistent" delay in security upgrades at the Louvre. Only a fourth of one wing was covered by video surveillance.

In January, Louvre president Laurence des Cars warned Culture Minister Rachida Dati of a "worrying level of obsolescence", citing the urgent need for major renovations.

Interior Minister Laurent Nunez on Monday said he would tighten security outside cultural institutions.

In Sunday's heist, thieves parked a truck with an extendable ladder, like those used by movers, below the museum's Apollo Gallery shortly after it opened, climbing up and using cutting equipment to get through a window and open the display cases to steal the jewellery.

They made off with eight priceless pieces, including an emerald-and-diamond necklace that Napoleon I gave his wife, Empress Marie-Louise and a diadem that once belonged to the Empress Eugenie, which is dotted with nearly 2,000 diamonds.

The museum on Tuesday hit back at criticism that the display cases protecting the jewellery were fragile, saying they were installed in 2019 and "represented a considerable improvement in terms of security".

- Chinese arrest -

Just last month, criminals broke into Paris's Natural History Museum, making off with gold nuggets worth more than $1.5 million.

French authorities announced on Tuesday a 24-year-old Chinese woman has been charged and put in detention in that case after she was arrested in Barcelona, while trying to dispose of nearly one kilogram (2.2 pounds) of melted gold pieces.

Also last month, thieves stole two dishes and a vase from a museum in the central city of Limoges, the losses estimated at $7.6 million.

"Museums are increasingly targeted for the valuable works they hold," according to the Central Office for the Fight against Trafficking in Cultural Property.

Labour unions have complained that security staff positions at the Louvre have been cut, even as attendance at the world-famous museum, whose extensive collections include the Mona Lisa, has soared.

"We cannot do without physical surveillance," a union official said.

The Louvre was shut per its usual schedule on Tuesday, having been closed on Sunday and Monday after the heist, leaving crowds of disappointed tourists.

burs-sw-ekf/gv

I.Mansoor--DT