Fraud charges at Guggenheim Bilbao

LONDON. The Guggenheim Museum in Bilbao has fired its chief financial officer for allegedly embezzling almost E500,000 over a 10-year period. On 16 April the museum initiated legal proceedings against Roberto Cearsolo Barrenetxea for “financial and accounting irregularities”. According to the museum, Mr Barrenetxea began funnelling funds into his his personal bank account in 1998, one year after becoming the institution’s financial head. The Guggenheim launched an internal investigation into its finances on 8 April after a regional financial tribunal requested financial documents related to the museum’s subsidiaries. E.S.

More from The Art Newspaper


Submit a comment

All comments are moderated. If you would like your comment to be approved, please use your real name, not a pseudonym. We ask for your email address in case we wish to contact you - it will not be made public and we do not use it for any other purpose.


Want to write a longer comment to this article? Email


Share this