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Cannes jewels 'worth £88m'

The estimated value of jewels stolen from the Carlton Hotel in the French Riviera resort of Cannes has been raised to $136million (£88m), the Associated Press reports, citing a French prosecutor.

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Cannes thief stole jewels from hotel's Leviev exhibition

Israeli businessmen and diamond merchant Lev Leviev has not commented on the grand theft. Credit: Reuters

The armed robber at the Carlton Hotel in Cannes targeted a temporary jewellery exhibition it was hosting from a diamond house owned by Israeli billionaire Lev Leviev.

It remains unclear how many pieces were stolen.

The valuable jewels were due to be on public display until the end of August.

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