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Axe-Weilding Robbers make away with Jewelry worth $5m from Ritz Paris Hotel

NAN

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Police said on Thursday axe-wielding robbers stole jewelry possibly worth more than $5 million from a store in the famed Ritz Paris hotel.

Five thieves carried out the heist at the luxury hotel late afternoon. Three were arrested while two others got away.

There were no injuries.

“The loss is very high and remains to be assessed,” one police source said.

Another put the figure at 4.5 million euros ($5.38 million), but said that a bag had been recovered possibly containing some of the loot.

The hotel first opened in 1898 and was the first Paris hotel to boast electricity on all floors and bathrooms that were inside rooms.

The former home of fashion designer Coco Chanel and author Marcel Proust, the Ritz was a favourite drinking hole of American writer Ernest Hemingway.

It was at the Ritz that Diana, Princess of Wales, spent her last night in 1997 before the car crash that killed her and her lover Dodi Fayed, son of the hotel’s owner Mohammed al-Fayed.

Armed heists targeting jewelry stores are not uncommon in the ultra chic avenues near Place Vendome square in central Paris where the Ritz is located.

Photo Credit: Twitter – @architlovers

The News Agency of Nigeria (NAN) was established by the Federal Government of Nigeria in May 1976 to gather and distribute news on Nigeria and cover events of interest to Nigeria at the international level for the benefit of the Nigerian Media and the Public.

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