eighteen million one fly a. book it's an experience like nothing else only because i want to share what i think what i know about the beautiful game great so what more chance for. peace.

locked away secrets and shady financial set ups are nightmares for french tax inspectors and customs officers. we question the customs investigator a specialist in fraud and the trafficking of cultural assets. faced with such scams he recognizes his powerlessness. on fade to society cos i scour the team offices more only to me see a siddur want your gal that me says i'm. on the job the whole. well fed up on the show. it's only a guess it's a shit to each him and think of it on the contrary i don't. despise. could have been if he didn't have a blanket god he's also a divide he's got his powerful fineness. we meet up again with even with all of his indictments he's earned a shady reputation but after thirty years in the business he's as tough as nails

every year in may he heads to basel in switzerland for the biggest art fair in the world art basel. he flies in a private jet for which he pays fifty thousand dollars a year. despite his tangles with the law he wants to be in the right places how does he fall something that will want to go out the budget stick a little off. say that money just as strong and people see it up because all the doing nothing else it would. look at your place and to be sensitive it lets you. make enough money as you go but check off a list of books which the city but they couldn't get. he said it's at the p.t.a. meeting. i said. but they said it went up on the bottom of the finale.

but he did. something. help us to skip somebody from a calculus but you know what's that been like for that to see again. but he didn't pick up on these. and yet barely off his private jet we soon see that his controversial reputation causes fewer problems than predicted. if you. missed. all that to. see his first appointment is with one of the art fairs founders a rudolph. both men have businesses in singapore and are good friends with you to feel make what you do more to.

make you should take the older predicting one off also it is the ship could be of new money they just put him on disk want. to put the filmy. doesn't. put in his they beat the estimate by a million yet but some possibility. that it. will set up a so they see the sale of their. four thousand artists exhibit their works at art basel it attracts the general public but more importantly the biggest players on the international art market. thank you gallery owners collectors and curators of the world's museums. accompanied by his art consultant sixteen yves bouvier is here to check out the new trends. most of the works on show come from the store rooms of the geneva freeport

some two hundred fifty kilometers away. v.a. is here to show his fellow professionals that he's still in the game and is still to be taken seriously. to build up all the automation on a say probably factors that will allow. most of. us to feel oh ya feel me oh yes how are you doing. very. last. night or so that was. the man on his cell phone is david.

clearly troubled by our camera he bouvier quickly calls his assistant to go reassure him. use it the way you did you'd. need. to be just like it most of them showed his emotion at the buses. but he has no rights regarding our footage to. the. site the likes of. david no mudd isn't just anyone he's the man with three hundred picasso's the head of one of the most powerful families in the art world the numb ods renown dealers. here's their stand at art basel by calder mirror who's fun tanos because. and also a roy lichtenstein and his own two feet all of them stars of modern art. in the mud

collection is valued at almost three billion dollars thousands of works most of which are stored at the geneva freeport. maybe the reason david no mudd prefers to be discreet is because one of the paintings he owns is causing him problems with the law. the story started here in the paris archives in two thousand and eleven with this man james palmer. even as a canadian private detective who specializes in finding art looted from jews by the nazis. one day while rummaging in the paris archives he came across a file on a certain stetson or a jewish antiques dealer the man was dispossessed of all his assets during world war two. after the liberation of paris he found

a plane to recuperate his patrimony. the documentation is contained in this box it was here and the paris archives that we found a document that referred to the quest of mr oscar stoner for his stolen pate. the information that we found was that oscar stettner had been despoiled of a number of personal items carpet for example of portrait of him as a young man and also a painting by mostly any. and an important painting and that was looted from mr stener during the war. the canadian detective began his investigation he discovered that the antiques dealer staton or had made his claim for restitution in one thousand nine hundred six but well before the liberation the painting had already been sold by they've authorities. for the sum of sixteen thousand francs

since then it disappeared. particularly because its description is so vague. the document only indicated that it was a painting signed by jani portrait of a man. the detective had no idea what the painting looked like. he had to find a photo of it at all costs. by consulting papers kept in the paris archives james palmer came across a clue this telegram. it states that staten or had sent the mode jani to the venice biennale of one nine hundred thirty. i travelled to venice personally and went into the archives there and to the venice be an alley archives i saw mr stettner spray painting. in a photograph. james palmer was delighted he'd found it. this

photo taken at the one nine hundred thirty venice biennale shows twelve paintings on the wall of the room dedicated to. ten portraits of women and two of men. the one on the right was already identified and well known. the painting in the middle however the one of a seated man is more mysterious. so now you've got reference to mr stener owning the painting you've got reference to portrait of a man. and you have a photograph that's the exact same painting that is now illustrated or described as the seated man. finally james palmer knew what the painting looked like. but where had it gone he searched everywhere activated his contacts toward the auction rooms archives and museums. and after

a few weeks ago. he found a trace of the painting here in london in the catalogue an auction held at christie's in one thousand nine hundred six. the painting was entitled seated man with a cane. but who owned it. it was acquired by a shell company based in panama international arts center whose registration document is seen here. its rightful owner is unnamed. and yet palmer refused to give up and finally discovered another lead to finding the true owners. over the years the work appeared in a number of catalogs and every time alongside the name of one of the most prestigious galleries in the world. gallery in new york run by the daughter of the family patriarch we ran into at art basel. james

palmer decided to write tour.

that sort of feel. economists try to measure the impact of all three world cups and one thing that we know is that they make people they make people happy the world cup was intended to have a profile of the russian government does it it's not a project than things approach to some projects and brings people into this it seems to be profitable because football in general is very profitable but of close if you would huge investment on the government side they do is that this will slow development of football culture in newsrooms.

that are going to learn how to not. let go the one of the. out of the money out of the money little when i got out of germany. this was a good time to. try to move. that want to get out if not why not act and then again stop or i x channing and they'll all people we believe here. bottom of my case i don't want them up with johnny but i already have that moment of total motherhood a lot of kids are going to i'm a little wife can not be old enough to go through the pain but i don't want to put out a lot more work harder when i don't know them other bloodletting. the

lawyers for our client contacted. they have. new york. and they were ignored. which is not right it's not proper so i think after about a month or so they wrote him again and again they were ignored and eventually there was a response and the response was essentially you are suing the wrong people you should be suing the international art center and we have nothing to do with that. james palmer was not taken in by her response. he filed a lawsuit against the helen

a mod gallery in new york. but once again the lawyers denied the family were the owners of the painting. here is their statement to the court in new york it's international arts center and nobody else not the helen gallery nor david not maad that bought the painting at an auction held at christie's. thing stopped dead there until two thousand and fifteen and the leaking of the panama papers extraordinary. a document published by the journalists revealed that behind the panamanian company international art center was the renowned art dealer david. so he was a shareholder of the company that owns the much money painting despite his constant denials. the detective had scored a point. and now he just had to find out where

he's seated man was in storage he had a bright idea maybe it was in the geneva freeport where the number of family kept the major part of its collection. was judiciary issued a search warrant for the storerooms in april. two thousand and sixteen and discovered the holy grail the much sought after painting. it's hard to say if it was hidden or not but it was kept very discreetly in the freeport where there are the nomad family are estimated to have of both three to four billion dollars worth of art or about four and a half thousand works of art in their little room in a freeport. painting claimed to have been looted was well and truly in the storeroom in the freeport a revelation that caused an uproar. the heirs of the antique dealer stettner have

now filed a claim for the restitution of the painting we contacted the no months after several attempts they finally agreed to open up their store room at the geneva freeport and to show us the painting in an exhibition room. we would never meet the art dealers themselves but they did accord us an exclusive uing of the painting a very solemn moment. the work was handled with great precaution it is estimated at about twenty million dollars today. the families with smaller would tell us their version of the story. is about their money. make a set that blew up a laugh i mean i'm at the end on a. fact. international.

they all the economy going. i mean a mad. game. to clear his clients even further blow or even raises doubts that the painting ever belonged to the jewish antiques dealer staten or. it's just it's an effort that. they don't seem to be. given these. fully is extinct. what. the. in physically explicit. i mean by. this. we had only a few minutes to film the painting. but as the handlers turned the work around we

happened to film something on the back that we only noticed later this label from the one nine hundred thirty venice biennale. the owner's name had been crudely erased. and it looks like that of staten or. a clue to which the detective never had access and which could be crucial for the next stage of his investigation. the canadian detective is convinced the geneva freeport could be housing other works of dubious origin. well i think there's a high probability that many other paintings in the freeport were probably looted and probably rest there today that have not seen the light of day for many decades and i believe they're there and i think that it would be very interesting

if the public were made aware or at least the art industry were made aware of what those paintings are so so that you know if the prosecutor's office is what's going for example were to provide us with information on all those paintings we could pretty quickly. tell them which ones restore pretty quickly. for the swiss art dealers lawyer there's no point in dreaming no one will know for years what's really stored in the freeport. best. of me is the shuttles i am not happy that he saw before. i mean. so. our french customs investigator is of the same opinion even if he is on the other side of the fence. people following of them

also legion if. your company at all didn't fall says we in oman to be a softer you before. doing is aside the so. awful i can. reproduce it don't. give us the whole supper related for the actual saturn diskette because in the discussion. in geneva the mood yani case hit the headlines. the freeport authorities quickly became concerned about bad publicity. so in june two thousand and sixteen they called an emergency press conference. all representatives of the main swiss media as were invited. in a little. cameo started. on the floor with the president of the geneva freeport

and his general secretary. both men seemed self-conscious rejecting all responsibility regarding the supposed owner of the painting david no money. measures he said it is your usual mo exact. pope who's in. you know what i mean shows a large group of people to get to there's a little blue book or a little bit over it all this love for you created incentives we got to this is illegal. in the u.s. is. also got all slew of also where that the those used is or not is they were that all. of us also. read up or put it is this is us is restore. the fifty most yahoo. they all took was a also the more the this is the more as far as d.j.'s soldiers go the distance to

this. but what other secrets are really hidden in the report. in switzerland some official authorities have become extremely concerned we managed to obtain this report from the swiss federal audit office. it unequivocally denounces the opaqueness of the geneva freeport. irregularities regarding inventories and absence of traceability of merchandise. errors in stock accountancy and recurrent problems which occur during controls. our french customs officer includes laxity on the part of the swiss administrators that oversee business conducted in the freeport. zero point six. it is a nice house from perviously order to mocking all. of us from

a. source just took is risky saw the guns are in your memoir called. lonely but you don't remember. need mom was just saucy it don't say but don't i mean complete. leboeuf why. we don't need to. make. in response to widespread criticism the recently appointed president of the geneva freeport a magistrate known for his integrity supposedly fighting the good fight calling for much stricter regulations. for the i'll do more with this the popular. myth that it's no screws with the young that it does the

piss on formula one moment the all i can it's. about who also didn't fall says an oppositional song. these two took off if they'll turn off most recent films more. cautiously. this man is aware that they were still a long way to go. but having agreed to make concessions on its banking secrecy will switzerland also finally agree to open the doors of the world's biggest safe.

racist helen freefall race is still a basket case racism is a lost cause a loss country italy is about to crash because the money is being printed and the e.c. be printed trillions of euro's it doesn't go to help these economies it goes to monitor it goes to the people in monaco and it goes on to twenty one twenty two trillion dollars estimated offshore money that's matters for these people they get all the free money from a central bank south you see it the manifestation of it in monaco. whether they see should you go to one of them or so if you begin with because a lot of the books around. us me about what i mean are well me and i don't know but the fantasy of.

when i was losing money you know move move move move move. move the. only industrial zone into these images of the city from the watch musical blood from a piece from the. win

to tournament is it and there have been removed can you hear michele right. remember when the political left stood up for free speech and equality for all in public life remember when the mainstream media called for the same the tone and tenor of political discourse appears to be the turning point if you don't agree with the left you face insults harassment and even violence. i.

news just in the e.u. leaders have agreed on a deal on irregular migration at a summit in brussels where. early friday. russia and the us confirmed that the first official meeting between donald trump will take place on july sixteenth and six. belgium beat england on day fifteen of the world cup as the group stage comes to an end and. the latest on the stories and all the action from the dot com stay with us now for the financial news and the root cause report.