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

Two of the victims suffered life-threatening injuries, police said. One of the wounded is Ukrainian oligarch Vadym Yermolaiev, a source said.

A man was seen fleeing on foot after a makeshift bomb exploded in Monaco, injuring three people including Ukrainian oligarch Vadim Ermolaev, with two victims in critical condition…

Vadym Yermolaiev thought to be among three people injured in blast