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Reading: An explosion targeted a Ukrainian businessman in Monaco, and police are hunting for the suspect
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NewsWorld

An explosion targeted a Ukrainian businessman in Monaco, and police are hunting for the suspect

Will the parcel bomb lead to the identification of the perpetrator of the attack that shook the emirate?

محمد يسري
Last updated: 30/06/2026 8:24 pm
Mohammed Yossry
محمد يسري
ByMohammed Yossry
News Editor
Mohammed Yousry, editor at Voice of Emirates News Agency, Cairo office, is a journalist and researcher specializing in Islamic heritage and extremist groups.
- News Editor
3 hours ago
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An explosion targeted a Ukrainian businessman in Monaco, and police are hunting for the suspect
An explosion targeted a Ukrainian businessman in Monaco, and police are hunting the suspect (Photo/newswires)
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Highlights
  • A booby-trapped package was behind the attack
  • A Ukrainian businessman is among those injured
  • Background about the businessman

Monaco, Monaco – Security authorities in Monaco and France are continuing their search for a suspect believed to have carried out a parcel bomb attack that injured three people, including a wealthy Ukrainian-born businessman.

The suspect then fled on foot towards French territory, according to Reuters.

A booby-trapped package was behind the attack

The Monaco prosecutor said the attack occurred Monday evening using a parcel bomb.

He added that the suspect fled on foot to France after the explosion,

taking advantage of the absence of border checkpoints between the two countries.

Security services in Monaco and their French counterparts are working to track down the suspect.

This is part of a joint investigation to uncover the circumstances and motives behind the attack.

A Ukrainian businessman is among those injured

Reuters quoted a source familiar with the investigation as saying that the target of

the attack was Ukrainian-born businessman and billionaire Vadym Yermolayev, who was injured in the blast.

The source added that Yermolayev’s girlfriend was also seriously injured.

Meanwhile, a security source confirmed that his son was among the injured, though his injuries were described as less serious.

Background about the businessman

According to reports, Vadim Yermolayev obtained Cypriot citizenship in 2019. He was also sanctioned by Ukraine in 2023.

Ukrainian media reports indicated that the sanctions stemmed from allegations of his involvement in business activities in Crimea,

which has been under Russian control since 2014.

The attack occurred in one of Europe’s most heavily guarded regions.

Monaco, a renowned destination for the wealthy and luxury yachts, is bordered by France and the Mediterranean Sea.

Furthermore, there is no direct border control between the principality and France.

TAGGED:booby-trapped packageExplosionMonacopoliceUkrainian billionaire Vadym YermolayevUkrainian businessmanVoice Of EmiratesVoice Of Emirates Website News
SOURCES:Voice of Emirates
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