The Hague — A Dutch art detective dubbed the “Indiana Jones of the art world” has struck again, finding a Picasso painting worth €25m stolen from a Saudi sheikh’s yacht on the French Riviera in 1999. Arthur Brand said he had handed back the 1938 masterpiece entitled Portrait of Dora Maar, also known as Buste de Femme (Dora Maar) to an insurance company earlier this month. The discovery of the rare portrait of Maar, one of Pablo Picasso’s most influential mistresses, is the culmination of a four-year investigation into the burglary on the luxury yacht Coral Island, as it lay anchored in Antibes. Two decades after its theft and with no clues to its whereabouts, the French police were stumped — and the portrait, which once hung in the Spanish master’s home until his death in 1973, was feared lost forever. But after a four-year trail which led through the Dutch criminal underworld, two intermediaries turned up on Brand’s Amsterdam doorstep 10 days ago with the missing picture. “They had...

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