France Investigation

Why Monaco is on the brink of a regime crisis

Prince Albert II of Monaco is facing the biggest internal crisis this city-state has known for many years, against a backdrop of endemic corruption and a merciless war between rival clans. Fabrice Arfi and Antton Rouget report on the claims and counterclaims being made inside this tiny but ultra-wealthy principality.

Fabrice Arfi and Antton Rouget

The Rock is sitting on top of a volcano. In July 2005, when he became monarch of Monaco, Prince Albert II promised during his accession speech that he would reconcile “money” with “virtue”. Nearly 20 years later, the prince finds himself confronting the biggest internal crisis this city state – often known as 'Le Rocher' in French or 'The Rock' - has had to face for many years, perhaps ever, against a backdrop of endemic corruption and a merciless war between rival clans.

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