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Date TimeJuly 30, 2019
VoiceJosé Berardo relinquishes trove including works by Miró, Mondrian and Bacon
Portugal seizes art from businessman who owes almost £1bn
Portugal has seized a trove of contemporary artwork, including paintings by Joan Miró and Piet Mondrian, from its debt-riddled owner, the government has confirmed.
For months, three Portuguese banks had tried but failed to seize the art collection from Portuguese businessman José Berardo. The 75-year-old had offered the works as collateral for his debt which totalled nearly €1bn (£920m).

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