Manhunt Underway in Monaco After Parcel Bomb Attack Wounds Ukrainian Businessman

A manhunt is underway in Monaco after a parcel bomb attack which wounded a Ukrainian businessman and two others.

Dozens of officers were deployed in Monaco, while two helicopters and some 30 gendarmes scoured neighbouring France for a man who left a package in a residential building near the border, according to the police and gendarmerie.

The device exploded about 9pm, local time, on Monday, leaving a man and a woman seriously wounded and a teenager with lighter injuries, according to the Monegasque authorities.

Monaco public prosecutor Stephane Thibault said as of Tuesday the man had been stabilised, but the woman's condition remained "life-threatening".

He said the blast was being investigated as "attempted murder" but was not being considered as a "terrorist" act.

He declined to say who was the presumed target of the blast, but several sources have said it was Ukrainian-born businessman Vadym Yermolaiev, who is a permanent resident of Monaco and has acquired Cypriot nationality.

Monaco's Minister of State Christophe Mirmand said he was not aware of any specific threats against Mr Yermolaiev.

"The family's behaviour before entering their block of flats did not appear to show any signs of concern on their part," he told broadcaster BFMTV.

"They were dressed for summer, relaxed and did not appear to be taking any particular precautions."

He earlier said the teenager was "very likely related" to the couple.

The wounded had been taken to hospital in the southern French city of Nice. A source close to the case had said the man had suffered severe burns and the woman was in critical condition.

John Bulanadi, a 19-year-old student living near the site of the incident, told AFPTV he had heard a loud explosion.

Monaco's Prince Albert II described the incident as a "heinous crime" and "a shock to the entire Monegasque community".

Bolts, buckshot

Mr Thibault said a suspect had left a bag or package in the building's lobby before leaving.

The Monaco government said the "strong explosion" was caused by a "parcel bomb".

"A suspect was seen on video surveillance fleeing towards the municipality of Beausoleil in France," it wrote on X.

Mr Mirmand earlier said witnesses had provided information to identify the suspect.

The explosive device apparently contained bolts and buckshot, he added.

Emergency services treated four other people for shock and cuts from windows shattered in the blast, he said.

"This is the first time in history, to my knowledge, that such an act has taken place in the principality," he added.

Yermolaiev, a multi-millionaire Monaco resident, has been subject to sanctions from Kyiv since December 2023, which Ukrainian security services reportedly said stemmed from his alcohol business activity in Russian-occupied Crimea.

Mirmand told a news conference late Monday that intelligences services were working to understand the victims' background and "determine if others might be facing specific threats".