Princess Eugenie's art gallery has been accused of violating sanctions against Russia.
Photo is illustrative in nature. From open sources.
According to British authorities, Hauser & Wirth supplied "luxury goods to individuals associated with Russia" between April and December 2022. The Times reports that the person in question is Princess Eugenie of York, a Moscow-based collector.
HM Revenue & Customs has accused the contemporary art gallery Hauser & Wirth, whose London branch is directed by Princess Eugenie of York, the daughter of Prince Andrew, the middle son of Queen Elizabeth II, of violating sanctions, The Times reports.
Following the investigation, the department concluded that between April and December 2022, Hauser & Wirth supplied luxury goods to "individuals associated with RUSSIA." According to The Times, this refers to Moscow collector Alexander Popov, who, together with his wife, Evgenia, runs the Popov Art Foundation, a contemporary art foundation. According to British authorities, he received a painting by American artist George Condo, "Escape from Humanity," from the gallery.
The Times notes that there is no indication that Princess Eugenie is involved in the alleged sale of the painting. The Popovs have also not been charged with any crimes. RBC sent a request to the Popov Art Foundation and also reached out to Alexander and Evgenia Popov for comment.
In April 2022, the UK, along with other countries, introduced a ban on the EXPORT of luxury goods to Russia worth over £250, including vehicles, works of art, pearls, semi-precious stones, and jewelry, The Times reports.
Hauser & Wirth is a contemporary art gallery founded in Zurich in 1992. it has branches in London , Somerset, California, Monaco, Paris, and Hong Kong. The Popov Art Foundation, according to The Times, is a non-profit foundation whose collection includes works by Andy Warhol, Roy Lichtenstein, Jean-Michel Basquiat, and Banksy.
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