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NEWS & PRESS RELEASES

International auction house would reassess Berardo Collection Museum - Secretary of State

2011-09-23

Source Communications Office for the SEC confirmed the news to the Lusa news agency today advanced by Expresso, according to which there is an ongoing request for reassessment, which will be ready within a month, but declined to comment that the purpose of this decision is "a withdrawal" of the acquis, as the newspaper writes.

The protection justifies a reassessment of the collection, comprising 862 works, with "the need - given the transparency that should be associated with the amount of public funding involved in the Berardo Foundation - and disseminating the current value of the works at market prices defined by competent authority and recognized internationally, "said João Villalobos, assistant to the communication office of the SEC.

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