A bomb exploded near the entrance of a residential building in Monaco, injuring three people seriously. Among the wounded is Vadim Ermolaev, a Ukrainian businessman and millionaire. The perpetrator fled the scene immediately following the explosion, prompting authorities to activate their highest-level emergency protocol, known as the “red plan.” The incident is currently under investigation, with officials focusing on identifying the bomber and determining the motive behind the attack. The explosion caused significant damage to the building’s entrance. Authorities have secured the area and are appealing for witnesses to come forward with any information. The condition of the injured remains critical as of reporting.