U.S. stops sale of Picasso painting valued at $11.5 million

The private sale of "Compotier et tasse," a 1909 work by Pablo Picasso, was halted by the U.S. government.

Story highlights

  • Picasso's "Compotier et tasse," valued at $11.5 million, was for sale in New York
  • The U.S. stopped its sale at the request of the Italian government
  • The would-be seller is accused of bilking the city of Naples of $44 million in tax revenue
The United States obtained a restraining order Monday to block the sale of a painting by Pablo Picasso valued at an estimated $11.5 million at the request of the Italian government, the Justice Department announced.
The case involves a 1909 work by Picasso known as "Compotier et tasse" which had been offered for private sale in New York.
American officials obtained a restraining order blocking any sale and preventing the painting from being moved after Italian authorities asked for help in connection to the prosecution of Gabriella Amati. She and her late husband, Angelo Maj, were charged by Italian prosecutors with embezzlement and fraud.