Tower rises from a hole in the ground
The Odeon Tower is emerging from its foundations more than two years after work started on the huge project. I wanted to share this picture as soon as possible because I was told while I was taking it that it is 'forbidden' to take photos of work in progress. The Odeon Tower will have cost half a billion euros by the time it is completed, and to date there are no plans in place to alleviate traffic problems on the narrow roads leading to the site...
PHOTO: Ian Brodie
Barclays adds to its services in Monaco
Barclays Wealth has extended its Wealth Advisory reach and is now able to offer services directly to clients in Monaco. Barclays Wealth Advisory has established a Société À Responsabilité Limitée (SARL) and has appointed Simon Morris to lead the service for Monaco residents. This important step for Barclays Wealth Advisory means that its Wealth Advisors can meet clients at the Barclays office in Monaco and will support the increased focus on high - and ultra-high net worth clients by Barclays Wealth in Monaco.
PHOTO: Simon Morris, Barclays Wealth Monaco CEO Francesco Grosoli, and Rick Denton, head of Wealth Advisory International
Prison for three in VAT carousel scam
Three defendants were found guilty yesterday at the criminal court of a major VAT fraud that netted more than €9 million. The carousel was a company called Flamingo that claimed to be active in electronics and computers, that bought its merchandise in France and then resold it from its Monaco base with VAT added…
Casiraghi incident incites flood of front pages
Pierre Casiraghi, Princess Caroline’s second son and third in line to the throne, continues to make headlines across the world following last weekend’s brawl in a New York nightclub. Former nightclub owner Adam Hock has been charged with assault and released without bail following the incident, in which Mr Casiraghi was punched by Mr Hock...
Claudio, Paolo Marzocco face investigating judge
The controversial Odeon Tower project continues to make headlines. Last Tuesday, Claudio and Paolo Marzocco, of the Marzocco Group building the tower, appeared before an investigating judge in Marseille suspected of having been complicit in corruption. The two Monegasque entrepreneurs deny any involvement...
PHOTO: The Odeon Tower site
