The Black Box of the Art Business El Dorado of Secrecy

Oct 28, 2019 10:00

Here is the holy fuck of human insanity, for private transactions in Geneva Switzerland

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The wealthy of the world, hiding and protecting the things they value most to undisclosed amounts under lock and security.


In Switzerland, covering an area of 120,000 square meters, Geneva freeport shelters tens of billions of Euros of merchandise. A tax free area where the world’s wealthiest, speculators, collectors and art dealers store exceptional wines, diamonds, and especially works of art, in the greatest secrecy. A secrecy that can allow questionable financial operations.

At a time when the secrecy of Swiss banking is under international pressure, art is the new shelter of hidden international finance. Geneva freeport is today a place linked to the concealment of stolen art pieces, money laundering, and tax evasion. Under the freeport’s rules, objects could remain in untaxed limbo, in theory, forever. Treasures have come and they have not left. What does Geneva freeport really contain?

Let me add a Jesus Fucking H Christ!

The Holy Fuck of Precious and Questionable Art

I wonder if the facility contains any

.

faux pas foreign policy, art on art, art for arts sake

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