Parcel Bomb Attack in Monaco: Arrest Warrant Issued Against Suspect

Investigations and Suspicion

The person had reportedly been seen on surveillance footage wearing a black bucket hat. According to the prosecutor's office, an investigation has been opened on charges of attempted murder and several other offenses. Interpol would issue an international search notice for the suspect, it was said.

Yermolayev had made a name for himself as a real estate entrepreneur in the eastern Ukrainian city of Dnipro. The businessman, who gave up his Ukrainian citizenship years ago, counted for years among the 100 richest people in Ukraine. Since 2023, Yermolayev has been subject to sanctions in Ukraine because of his business activities in Crimea, which was annexed by Russia.

Background: The "Monaco Battalion"

In Ukraine, Yermolayev is counted among the so-called "Monaco Battalion," a group of businessmen and former oligarchs who settled on the Mediterranean coast after the start of the war against Russia. The multimillionaire had settled in Monaco after having worked as an entrepreneur in the construction industry in Ukraine.

The background to the attack remains unclear. Investigators are examining both possible business and private motives surrounding the attack on the residential building. The question of how the explosive device made it into the entrance hall of the building and why it was detonated is also part of the ongoing investigations.

Victims and Ongoing Investigations

The injuries of the three victims are described as serious. The authorities provided no further information on Thursday about the current health condition of Yermolayev, his partner, and the 13-year-old son. The prosecutor's office announced that it would continue to review and, where appropriate, publish details as part of the investigation.

The case is being followed with attention in Monaco and internationally. Given the size of the principality and the immediate proximity to the French prosecutor's office, the Monegasque authorities are working closely with French agencies. The involvement of Interpol underscores the cross-border dimension of the proceedings.