Financial director of the Guggenheim Museum in Bilbao makes off with nearly half a million Euro

Spain Culture News
Financial director of the Guggenheim Museum in Bilbao makes off with nearly half a million Euro
By h.b. - Apr 16, 2008 - 3:06 PM

email this article

The theft was disovered when a replacement was called in when the Director was off sick.

The man responsible for the finance at the Guggenheim Museum in Bilbao has been sacked after it was discovered that Roberto Cearsolo Barrenetxea had made off with 450,000 € from the establishment.

The theft, which was discovered by chance when the man was off sick, was carried out by bank transfers and cheques, and has been going on since 1998. As an internal investigation was started on April 11th, the man sent a letter to the Director of the Guggenheim in which he confessed to his crime and apologised for his behaviour and the damage caused.