The new Banksy statue shows a man in a suit walking off a plinth while carrying a flag that is covering his face. Famous street artist Banksy has revealed a new piece of artwork he has created in central London. His new art is a statue which shows a man in a suit walking off a plinth while carrying a flag that is covering his face. Banksy's team told the BBC that the statue was put in place in the early hours of Wednesday morning, and confirmed that it was his work on his social media account on Thursday. Despite being one of the most famous artists in the world, Banksy keeps his identity top-secret. He is best known for his graffiti art, which he often paints in public places, like the walls of buildings, and for pulling stunts such as auctioning his art then immediately shredding it. The new statue has been placed in Waterloo Place in St James's, an area that celebrates British imperialism and military dominance in the 1800s. Some people think the meaning behind the new statue could be a commentary on 'blind patriotism'.