Louvre Transfers Priceless Jewels To Bank Of France After $102 Million Heist: Report

The Louvre Museum moved some of its most valuable jewels to the Bank of France following a daring daylight robbery that exposed serious security lapses at the world’s most visited museum, French radio RTL reported.

The transfer of select items from the museum’s Apollo Gallery- home to the historic French crown jewels- was carried out under tight police escort, RTL reported citing unnamed sources.

Located just 500 metres away on the Right Bank of the River Seine, the Bank of France houses the country’s gold reserves in a vault 27 metres underground.

Louvre Heist

The heist, which took place on October 19, saw thieves make off with eight precious pieces worth an estimated $102 million. The robbers reportedly used a crane to smash an upstairs window

during opening hours before escaping on motorbikes. The incident sent shockwaves through France, with many describing it as a national embarrassment.

The brazen theft has triggered a sweeping security review at the iconic Paris museum, which attracts millions of visitors each year. Authorities continue to investigate the heist and trace the missing jewels.