"The foundation said that when the van arrived at 10am that day, its contents were unloaded and checked. Despite the fact that some of the carefully packaged works were not correctly numbered, making an exhaustive check impossible, the delivery was signed off and the van and its crew went on their way. The following Monday, the pieces, which had been under video surveillance all weekend, were unpacked."
"The foundation said it had reported the painting's disappearance to the Policia Nacional, adding: We have also put ourselves at the disposal of those investigating, and we have complete faith that the case will be properly resolved. Spanish media reports suggested the van may have stopped overnight near Granada, and that the two people aboard may have taken turns guarding its precious cargo."
The gouache and pencil work Naturaleza muerta con guitarra (Still Life with Guitar), painted in 1919 and measuring 12.7cm x 9.8cm, went missing during transport from Madrid to a CajaGranada foundation exhibition in Granada. The painting, owned by a private Madrid collector and valued at €600,000, was part of a consignment delivered by van on Friday 3 October. The van was unloaded and checked at 10am, but some packages lacked correct numbering and the delivery was signed off. The pieces were under video surveillance all weekend and were unpacked the following Monday, when staff discovered the Picasso was missing. The foundation reported the disappearance to the Policia Nacional and is cooperating with investigators. Media reports suggested the van may have stopped overnight near Granada.
Read at www.theguardian.com
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