Thursday 27 March 2014

German Recluse to Return Nazi-Looted Art to Rightful Owners or Their Descendants

FSWC Reports:

From Reuters:

A German recluse whose billion-dollar art hoard was confiscated will return all works looted by the Nazis to their owners or their descendants, his legal custodian told German media on Wednesday.

The paintings, drawings and sculptures were seized from Cornelius Gurlitt's two homes by authorities investigating possible tax evasion in February 2012. They include Modernist and Renaissance masterpieces valued at about 1 billion euros, according to media reports.

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