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France·Ukraine

Explosion in Monaco injures three, including Ukrainian oligarch, in unprecedented attack on principality[Updated]

Tuesday, 30 June 2026, 06:11 · 2 min read
Updates
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Prosecutors have identified the victims as Ukrainian construction tycoon Vadym Iermolaiev, his wife, and their 13-year-old child, though Monaco's public prosecutor Stéphane Thibault declined to name them officially. Thibault confirmed investigators have opened an attempted murder investigation rather than a terrorism inquiry, noting there is currently no evidence to support a terrorism designation. CCTV footage showed the suspect, described as wearing a dark top and a bucket hat, fleeing toward the French border immediately after the blast, and an international manhunt is now under way. Iermolaiev, who reportedly renounced his Ukrainian citizenship nearly a decade ago, was sanctioned by Ukraine in 2023 over alleged ties to Russia and is sought by Kyiv on suspicion of money laundering and financing Russia.

Sources
Original story

A parcel bomb explosion in Monaco has left three people critically or seriously injured, in what authorities have described as the first attack of its kind in the tiny Mediterranean principality. The blast occurred shortly before 9:00 pm local time on Monday at the entrance lobby of a residential building on Rue Révérend Père Louis Frolla, a street running along the border with France. Monaco's Minister of State Christophe Mirmand confirmed the explosion was caused by an improvised device packed with bolts and buckshot, left in a bag or backpack by a suspect who then fled the scene.

Two of the victims — a couple believed to be in their 50s or 60s — sustained life-threatening injuries and were transferred to the Pasteur Hospital in Nice, the nearby French city roughly 20 kilometres away. A 13-year-old, described as very likely a relative of the couple, suffered less serious wounds and was taken to the Lenval children's hospital. Four other bystanders were treated for shock and cuts from shattered windows. A source close to the investigation identified one of the critically injured as Vadym Yermolaiev, a Ukrainian multi-millionaire resident of Monaco. Yermolaiev has been subject to sanctions imposed by Kyiv since December 2023, which Ukrainian security services linked to his business activities in Russian-occupied Crimea — the peninsula annexed by Russia in 2014.

Surveillance footage showed the suspect placing a bag in the building's lobby before walking away. The bomb detonated moments later as the victims passed by. Authorities said the suspect was seen on cameras fleeing toward Beausoleil, the French municipality immediately bordering Monaco. French police were reported to be working alongside Monegasque authorities to find the perpetrator. Prosecutors said there was no current indication of a terrorist motive and described the incident as a targeted assassination attempt. A witness, a Belgian resident living near the scene, described hearing a loud blast and seeing a blood-covered child on the ground, with emergency services arriving quickly.

Monaco, a sovereign city-state of roughly two square kilometres on the French Riviera, is known as one of the world's wealthiest and most heavily surveilled territories, often considered a refuge for the ultra-rich. Prince Albert II, Monaco's ruling monarch, called the attack a

Sources
BBC WorldThree people injured after explosion in Monaco ↗︎France24Monaco explosion wounds Ukrainian oligarch as authorities probe 'deliberate' attack ↗︎NOS NieuwsDrie gewonden bij bomaanslag in Monaco, 'Oekraïense zakenman doelwit' ↗︎VRT NWS"Zag een kind liggen": Vlaming in Monaco getuigt over aanslag met rugzakbom tegen Oekraïense oligarch ↗︎
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This article was automatically compiled by AI from the sources above. It may contain inaccuracies. Always read the original sources for the full context.