Hong Kong heiress sues gallery owner over Banksy painting | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Sunday
June 15, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SUNDAY, JUNE 15, 2025
Hong Kong heiress sues gallery owner over Banksy painting

Splash

Reuters
24 March, 2023, 12:05 pm
Last modified: 24 March, 2023, 12:08 pm

Related News

  • California Governor Newsom to sue Trump over National Guard deployment amid LA protests
  • Hong Kong leader says sudden removal of China's top official in the city was 'normal'
  • Hong Kong urges universities to facilitate students after Harvard ban
  • Discrepancy of Tk70.84cr: Fu-Wang Foods new owner Minori files arbitration suit against ex-owners 
  • Chinese official says US tariff aims to 'take away Hong Kong's life'

Hong Kong heiress sues gallery owner over Banksy painting

Reuters
24 March, 2023, 12:05 pm
Last modified: 24 March, 2023, 12:08 pm
Photo: Collected
Photo: Collected

An heiress of the Hong Kong beverage giant Vitasoy International (0345.HK) is suing a prominent gallery owner, saying she paid 500,000 pounds ($613,000) for a Banksy painting that was never delivered, according to a court writ filed this week.

Karen Lo, whose grandfather founded Vitasoy which specialises in soy milk and juice drinks, said Pearl Lam, the gallery owner, falsely represented that she had bought Banksy's 'Show Me The Monet' painting on Lo's behalf, according to the writ.

Lam's office told Reuters that it was a "private matter and we regret it is being litigated in the press. Of course we have offered a full refund and we look forward to resolving this matter promptly". It did not give further details.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

The 2005 painting by the British artist is a 'remix' of a masterpiece by Impressionist painter Claude Monet.

It was sold at a Sotheby's auction in October 2020 for more than 7.5 million pounds, far above an estimated sale price of 3 million pounds to 5 million pounds.

Lam is one of more than 170 gallery owners participating in Art Basel Hong Kong this week.

Hong Kong's government has welcomed the art fair as it tries to reinvigorate the economy after a nearly three-year slump from factors including tough Covid lockdowns, a closed border with China and a security crackdown.

Features

sue / hong kong / art gallery

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • US President Donald Trump and Russia's President Vladimir Putin are seen during the G20 leaders summit in Buenos Aires, Argentina November 30, 2018. Photo: REUTERS/Marcos Brindicci/File Photo
    Putin speaks to Trump, condemns Israel's strikes on Iran: Kremlin
  • Infograph: TBS
    Why 10 economic zones, including BGMEA's garment park, were cancelled
  • Infographic: TBS
    Chattogram Port proposes 70%-100% tariff hike

MOST VIEWED

  • Tour operator Borsha Islam. Photo: Collected
    ‘Tour Expert’ admin Borsha Islam arrested over Bandarban tourist deaths
  • Fighter jet. Photo: AFP
    3 F-35 fighter jets downed, two Israeli pilots in custody, claims Iranian media
  • Infographic: TBS
    Chattogram Port proposes 70%-100% tariff hike
  • Vehicles were seen stuck on the Dhaka-Tangail-Jamuna Bridge highway due to a traffic jam stretching 15 kilometres on 14 June 2025. Photo: TBS
    15km traffic jam on Dhaka-Tangail-Jamuna Bridge highway as post-Eid rush continues
  • Ahsan H Mansur. TBS sketch
    BB governor meets global litigation funders to mobilise $100m for tracing stolen assets
  • Burnt out cars and damaged buildings are all that’s left of this street in Ramat Gan Credit: AP
    Iran threatens to strike US, UK, and French bases if they help defend Israel

Related News

  • California Governor Newsom to sue Trump over National Guard deployment amid LA protests
  • Hong Kong leader says sudden removal of China's top official in the city was 'normal'
  • Hong Kong urges universities to facilitate students after Harvard ban
  • Discrepancy of Tk70.84cr: Fu-Wang Foods new owner Minori files arbitration suit against ex-owners 
  • Chinese official says US tariff aims to 'take away Hong Kong's life'

Features

Photos: Collected

Kurtis that make a great office wear

1d | Mode
Among pet birds in the country, lovebirds are the most common, and they are also the most numerous in the haat. Photo: Junayet Rashel

Where feathers meet fortune: How a small pigeon stall became Dhaka’s premiere bird market

3d | Panorama
Illustration: Duniya Jahan/ TBS

Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon

4d | Features
File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar

Dhaka: The city we never want to return to, but always do

5d | Features

More Videos from TBS

Israel-Iran conflict: Which way is the global economy turning?

Israel-Iran conflict: Which way is the global economy turning?

1h | TBS World
Which major powers align with whom in the Israel-Iran conflict?

Which major powers align with whom in the Israel-Iran conflict?

11h | Podcast
Israeli attack: Will Iran be inclined to develop nuclear weapons?

Israeli attack: Will Iran be inclined to develop nuclear weapons?

11h | Others
Why Did Israel Use Hellfire Missiles in the Iran Attack?

Why Did Israel Use Hellfire Missiles in the Iran Attack?

12h | Others
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net