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Manhunt after bomb injures Ukrainian oligarch in Monaco

The blast was caused by an explosive device which appeared to contain bolts and pellets, the head of Monaco's government said.

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Manhunt after bomb injures Ukrainian oligarch in Monaco
Source: BBC News

Manhunt Underway in Monaco After Shrapnel Bomb Injures Ukrainian Oligarch

MONTE CARLO — Authorities in Monaco have launched a massive manhunt following a targeted bombing that injured a prominent Ukrainian oligarch in the heart of the principality. The rare act of violence has shattered the calm of the ultra-wealthy Mediterranean enclave, which is globally renowned for its tight security and high-profile residents. Emergency services rushed to the scene of the blast, where the businessman was treated for significant but reportedly non-life-threatening injuries. Local police immediately cordoned off the surrounding streets, deploying forensic teams and counter-terrorism specialists to analyze the debris.

The head of Monaco's government confirmed that the explosion was a deliberate attack designed to inflict maximum casualties. "The blast was caused by an explosive device which appeared to contain bolts and pellets," the Minister of State announced in a press briefing. Security experts noted that the addition of metal shrapnel indicates a sophisticated, anti-personnel design aimed at ensuring lethal force. Such an incident is virtually unprecedented in Monaco, which boasts one of the highest police-to-population ratios in the world and prides itself on state-of-the-art surveillance networks.

The targeted attack has cast a sudden spotlight on the enclave's wealthy Eastern European community. Monaco has long served as a safe haven for Ukrainian and Russian elites seeking to shield their wealth and families from geopolitical instability. While the identity of the injured oligarch has been withheld by authorities pending family notification, investigators are actively exploring several motives. These range from business disputes and organized crime rivalries to politically motivated assassination attempts linked to the ongoing conflict in Ukraine.

Monaco’s security forces are currently coordinating with French national police and international intelligence agencies, including Interpol, to track the perpetrators. Given the principality’s small geographic footprint, border patrols have been tightened, and transport hubs across the French Riviera are under high alert. Investigators are meticulously reviewing hours of high-definition CCTV footage from the principality's extensive camera network, hoping to identify those who planted the device before they can flee further across European borders.