Insurer offers big reward in Cannes jewel heist

Paris, Aug 7 (IANS/EFE) Insurer Lloyd's of London plans to offer a reward of 1 million euros ($1.3 million) for information leading to the recovery of the 103 million euros ($136 million) in jewellery stolen July 28 from a hotel in the southeastern French city of Cannes, the French media reported Tuesday.

An armed robber stole the jewellery, mostly creations and precious gems belonging to diamond house Leviev, from the InterContinental Carlton Cannes Hotel.

The heist was the largest ever in France, topping the 80 million euros ($106 million) in jewellery stolen from Harry Winston in Paris in 2008.

The 72 pieces stolen were being exhibited at the July 20-Aug 30 "Extraordinary Diamonds" show.

The armed robber, who wore a mask and gloves, entered the hotel exhibition hall, where the jewellery fair was being held, and forced employees to put the majority of the pieces, 34 of which were considered exceptional, in a bag.

Lloyd's will officially announce the reward Wednesday, French media said, citing a statement issued by the insurer over the Internet.

People with information about the robbery can contact SW Associates by telephone or e-mail.

The reward money will be paid on a pro rata basis depending on the quality of the information provided and the amount of property recovered, and it is subject to certain unspecified conditions, media reports said.

"Cannes and the Cote d'Azur are a well known, prestigious, tourist destination, and their reputation goes beyond our borders. Cannes is one of the most beautiful places in the country. The safety of merchants, of the residents, but also of the tourists, must be a priority. And it is for me," Interior Minister Manuel Valls said Tuesday.

Police are investigating two robberies that occurred in Cannes during the international film festival in May.

The first robbery occurred May 17 at the Cannes Novotel, where thieves stole a jewelry case containing Chopard creations worth 1.4 million euros.

Swiss jeweller De Grisogono reported the theft four days later of a necklace worth 2 million euros during a party in the nearby city of Antibes.

French police suspect that a man arrested on the Spanish Mediterranean island of Mallorca may be linked to the May 17 robbery and have asked for the formation of an international team to question the suspect.

The 40-year-old suspect, identified only as T.M., was arrested June 21 on charges that he stole jewellery, cash and other valuables worth about 600,000 euros from different hotels in Mallorca, one of Spain's Balearic Islands, Spanish police said.

--IANS/EFE

rd

Matches

MORE TOP STORIES TODAY

On Now: Kolkata vs Bangalore

On Now: Kolkata vs Bangalore

IPL 7, GAME 11—Aaron's spell restricts Kolkata to 150-7. More »

Kolkata bowling vs Bangalore batting might

Kolkata bowling vs Bangalore batting might

The likely return of Gayle will boost Bangalore, but the result could be determined by Kolkata's bowlers. More »

Boycotting IPL will not save cricket

Boycotting IPL will not save cricket

Boycotting the IPL as a means of protest against the grime in the game may not yield the desired results. More »

Gambhir a knock away from striking form - KKR coach

Gambhir a knock away from striking form - KKR coach

Gautam made an eight-ball duck in the opening game against Mumbai and in the second game against Delhi, he lasted only half those balls. More »

Rivals say Srini group delaying BCCI special general meeting

Rivals say Srini group delaying BCCI special general meeting

The group opposed to Srinivasan alleged that since BCCI secretary Sanjay Patel belongs to the president’s group, he was intentionally delaying the SGM… More »

April 24: A legend is born

As Sachin Tendulkar turns 41 - here's a look at some offbeat moments from the Master Blaster's innings. More »

Jadeja spins out Rajasthan in close chase

Jadeja spins out Rajasthan in close chase

IPL 7, GAME 10—Chennai beat Rajasthan by 7 runs after last-over scare. More »

Cleaning up the game starts with fans

Cleaning up the game starts with fans

... because, as recent events reveal, the BCCI has little intention of doing it. More »

SL in 'difficult place' after Farbrace exit

SL in 'difficult place' after Farbrace exit

Sri Lanka depart for assignments in Ireland and England in two weeks, and Sanath Jayasuriya suggested Marvan Atapattu would be interim head coach for those… More »

Vithanage, Priyanjan get T20 call-ups

Vithanage, Priyanjan get T20 call-ups

Herath has been rested, while the team will be without the veteran pair of Mahela Jayawardene and Kumar Sangakkara, who retired from T20 internationals… More »

Chandimal axed as T20 captain

Chandimal axed as T20 captain

Sri Lanka's cricket selectors on Wednesday sacked Dinesh Chandimal as Twenty20 captain and replaced him with Lasith Malinga, while Angelo Mathews was… More »

'BCCI should have picked panel with care'

'BCCI should have picked panel with care'

Dalmiya said that it was the first time that the BCCI had been faced with a situation where the apex court had hauled up the Board and it should have acted… More »

Farbrace is England's assistant coach

Farbrace is England's assistant coach

The ECB continued the restructuring of the England coaching set-up on Wednesday by announcing the appointment of Paul Farbrace as assistant coach. More »

SC asks Mudgal committee to continue

SC asks Mudgal committee to continue

Mukul Mudgal has communicated to the court his willingness to take up the investigation and has been asked to specify the terms and modalities on April… More »

Sri Lanka players resolve pay dispute

Sri Lanka players resolve pay dispute

The pay dispute between Sri Lanka Cricket and its 13 contracted players ended on Wednesday when the latter agreed to accept 10 percent of the participation… More »

Hope to be fit for next game - Pietersen

Hope to be fit for next game - Pietersen

With two heavy defeats at the hands of Bangalore and Chennai, Daredevils currently languish near the bottom of the table. More »

'SC decision could hurt BCCI's status'

'SC decision could hurt BCCI's status'

The Supreme Court prefers that the Justice Mudgal panel further investigate the IPL corruption scandal. More »

Mudgal panel drops bombshell in court

Mudgal panel drops bombshell in court

The Mukul Mudgal probe committee dropped a bombshell in the Supreme Court on Tuesday by making a sensational claim that it was forced to stop audio recording… More »

Perfect Punjab trounce Hyderabad

Perfect Punjab trounce Hyderabad

IPL7, GAME 9—Maxwell (95, 43b), Balaji (4-13) set up 72-run win. More »

Have the ECB played an unfair game?

Have the ECB played an unfair game?

Money talks, but it is in light of this ICC shakeup that the ECB's act of soliciting of another team's coach deteriorates from free-market aggression to… More »

Farbrace quits for England post

Farbrace quits for England post

He will assist Peter Moores who was unveiled as the new England coach on Saturday. More »

Moin appointed to manage Pakistan team

Moin appointed to manage Pakistan team

Pakistan on Monday reappointed Moin Khan as chief selector and manager of the national team, a week after fellow former captain Rashid Latif turned down… More »

Chennai smash Delhi for first win

Chennai smash Delhi for first win

IPL7, MATCH 8—Raina-led middle order, superlative catching give CSK a 93-run win. More »

'BCCI reputation lowest in 80 years'

'BCCI reputation lowest in 80 years'

The former BCCI president says he was "disillusioned" by the happenings at the emergent working committee meeting on Sunday. More »