Patrice Pastor Explained

Patrice Pastor
Birth Place:Monaco
Nationality:Monegasque
Occupation:Chairman of J.B. Pastor & Fils
Parents:Victor Pastor Simone Pastor
Relatives:Michel Pastor (paternal uncle)
Hélène Pastor (paternal aunt)
Philippe Pastor (brother)

Patrice Pastor is a Monegasque businessman and property developer. He serves as the Chairman of J.B. Pastor & Fils. He is the great grandson of the company founder, the real-estate mogul Jean-Baptiste Pastor.[1]

Career

Pastor serves as the Chairman of J.B. Pastor & Fils. He is also the head of Pastor Real Estate, based in one of the Pastor Group's Mayfair properties at 48 Curzon Street, London.[2]

He was the owner of the weekly L'Observateur de Monaco until 2010.[3]

Controversies

Business greed

Pastor's restless business appetite earned him the surname "octopuss of Monaco".[4]

Competitors have complained of judicial harassment from Pastor's companies when they lose public tenders.[5]

Dossiers du Rocher

Pastor has been accused of being the poison-pen letter-writer targeting Monegasque personalities close to Prince Albert II, and a digital smear campaign in order to settle a score against real estate competitors and keep the stranglehold on the main real estate public tenders.[6]

Pastor is depicted as angry and seeking revenge after the loss of several lucrative public contracts, such as the pricey renovation of the Esplanade des Pêcheurs (fishermen's wharf) which will impact the Monaco Grand Prix, despite a seven-years long trial.[7] French and Monegasque Justice are cooperating, and found suspicious money transfers to an Israeli intelligence company.[8]

The Prince publicly complained about the so-called 'Rock's Files' (Dossiers du Rocher), which he called a "destabilization campaign" against his authority.[9]

Notes and References

  1. Web site: Monaco Extension en mer : Patrice Pastor : " Je reste en course... ". Propos Recueillis Par Pierre Hillion. monacomatin.mc. 6 October 2015.
  2. Web site: Pastor Real Estate - JB Pastor & Fils - Monaco. JB Pastor & Fils - Monaco. 6 October 2015.
  3. http://www.monacomatin.mc/article/entreprises/un-nouvel-actionnaire-pour-lobservateur-de-monaco.255328.html Un nouvel actionnaire pour L'Observateur de Monaco
  4. https://www.thetimes.co.uk/article/monaco-businessman-dubbed-the-octopus-gets-his-tentacles-into-exclusive-californian-town-026x3zbts ‘Octopus of Monaco’ wraps his tentacles around California town
  5. https://www.tatler.com/article/prince-albert-monaco-tatler-may-issue-2024 Mon Dieu! Monaco is in Meltdown
  6. https://www.lemonde.fr/police-justice/article/2022/03/20/des-kilos-de-documents-et-des-milliards-d-euros-en-jeu-a-monaco-un-corbeau-fait-trembler-l-entourage-du-prince_6118362_1653578.html Des kilos de documents et des milliards d’euros en jeu : à Monaco, un « corbeau » fait trembler l’entourage du prince
  7. https://airmail.news/issues/2023-5-20/rock-bottom Rock Bottom
  8. https://www.lejdd.fr/societe/exclusif-monaco-laffaire-des-dossiers-du-rocher-bouscule-la-principaute-135974 À Monaco, l’affaire des Dossiers du Rocher bouscule la Principauté
  9. https://www.monacomatin.mc/politique/un-site-internet-attaque-des-proches-du-palais-de-monaco-le-prince-albert-ii-condamne-et-riposte-723437 "Dossiers du Rocher" : "Il faut absolument trouver la source", selon le prince Albert II