Conviction Upheld Against Former French FM in Giacometti Fraud

Conviction Upheld Against Former French FM in Giacometti Fraud
France'shighest court of appeal on Thursday upheld a conviction against former foreignminister Roland Dumas forfraudulently benefiting from the sale of works of art by Swiss sculptor Alberto Giacometti.

The Cour de Cassation also confirmed Dumas's suspended prison sentence of oneyear and a fine of €150,000 ($202,000), ordered by a lower court last year.

As executor of Giacometti's widow's estate, Dumas, 84, was found guilty ofcolluding with top art auctioneer JacquesTajan in illegalities during the sale of 14 sculptures and four paintingsin 1994. Tajan was also convicted.

 

The pair has been ordered to pay €850,000 to the Alberto and Annette Giacometti Foundation.

Giacometti, who lived much of his life in Paris,died in 1966.