German recluse Gurlitt to return Nazi-looted art - media
Published on Mar 27, 2014 6:42 AM
BERLIN (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, March 26, 2014.
The paintings, drawings and sculptures were seized from Mr Cornelius Gurlitt's two homes by the authorities investigating possible tax evasion in February 2012. They include Modernist and Renaissance masterpieces valued at about 1 billion euros (S$1.7 billion), according to media reports.
In February, Mr Gurlitt's lawyers had said he had filed a formal complaint against the seizure of his art collection.
Germany has faced criticism from around the world for failing to publish immediately the full list of artworks, for keeping silent for nearly two years about the trove and for potentially having had no legal right to seize the pieces.
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