Jaime Botín Will Not Go to Jail for Smuggling Picasso Due to ‘Incurable Illness’
Jaime Botín, a prominent art collector and the president of Spanish bank Grupo Santander, won’t go to jail for attempting to smuggle a Pablo Picasso painting out of Spain because he has an “incurable illness,” El País reports. The collector had been expected to spend three years behind bars.
In 2017, Spanish authorities raided Botín’s yacht, where they found Picasso’s Head of a Young Woman (1906), a Rose Period painting. The work had been deemed
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