- A search is underway for a suspect who fled on foot after an explosive device placed in an apartment building entrance injured three people including a reported Ukrainian tycoon.
- The explosion occurred around 9 p.m. on Monday at the entrance of a residence near the French border.
- The attack is being investigated as attempted murder, but not as a terrorism act.
- One of the three injured is a woman in life-threatening condition, while a man is no longer in life-threatening condition and a child's life isn’t in danger.
- Police in Monaco and France launched a manhunt for a suspected bomber after three people were wounded by an explosion, including Ukrainian-born oligarch Vadym Iermolaiev.
- Monaco’s Prince Albert II described the incident as “an odious act” and stated that all the country's services were mobilized to ensure security.
- The three victims were “apparently returning home peacefully” in the early evening when the explosion occurred.
- The Monaco government stated that the 'strong explosion' was caused by a 'parcel bomb'.
- Monday’s attack has stunned the wealthy Mediterranean enclave, where violent crime is exceptionally rare.
- Iermolaiev, originally from Dnipro, founded the Alef trade and industrial corporation and became one of the region’s most influential property developers and businessmen.
- Some Ukrainian media outlets speculated that the bombing may have been orchestrated by organised crime groups and tied to scam-call operations in Dnipro.
A manhunt is underway for a suspect who fled to France after a bombing in Monaco injured three people, including Ukrainian tycoon Vadym Iermolaiev. The explosion occurred around 9 p.m. on Monday at the entrance of an apartment building, described by authorities as a 'parcel bomb.'25
Monaco's public prosecutor, Stéphane Thibault, confirmed that the suspect acted alone and remains at large, with the motive still unclear. One victim, a woman, is in life-threatening condition, while a man has stabilized and a child is not in danger, according to Thibault.4

The attack is being investigated as 'attempted murder', but authorities do not classify it as a terrorist act. Monaco's Prince Albert II condemned the bombing as 'an odious act' and emphasized the mobilization of all security services.3
Iermolaiev, a prominent figure in the construction industry, has faced sanctions from Ukraine since December 2023 due to alleged business ties with Russian entities. Some reports suggest the bombing may be linked to organized crime, with speculation surrounding scam-call operations involving Iermolaiev's family in Dnipro.10
The incident has shocked the normally safe principality, where violent crime is rare. Authorities are urging 'extreme vigilance' as the investigation continues.
“An explosion in Monaco has injured three individuals, including Ukrainian tycoon Vadym Iermolaiev. Authorities are currently searching for a suspect who fled the scene.”




