Italian tax police say they have seized 19 paintings allegedly secretly owned by Calisto Tanzi, the convicted former boss of Italian company Parmalat. He has denied he had a concealed art trove.
The art, including this portrait by Giuseppe De Nittis, was apparently discovered in properties owned by friends of Tanzi's family. Parmalat collapsed in 2004 and was Europe's largest bankruptcy, with Tanzi sentenced to 10 years in jail.
The whole trove is worth about 100m euros (£90m), the Italian police said. Tanzi's son-in-law Stefano Strini was being questioned about it.
Police said they acted quickly after hearing phone conversations about selling some of the art, reportedly to a Russian billionaire.
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