Prosecutors say 55 artifacts worth a collective $20 million are being repatriated to the people of Greece. Forty-seven of the artifacts were seized from billionaire hedge fund founder Michael Steinhardt after a yearslong investigation.
A total of 55 artifacts worth a collective $20 million are being repatriated to Greece, prosecutors said, 47 of them from Steinhardt’s collection and eight from another ongoing investigation.
Greek Minister of Culture Lina Mendoni thanked the district attorney’s office and added, “The illegal trafficking of our country’s cultural treasures is a serious trauma that hurts all Greeks all over the world.” The pieces will all be flown to Greece, where they will be handed over to different regional museums depending on where they were looted from, a spokesperson for the district attorney said.Steinhardt, 81, founded the hedge fund Steinhardt Partners in 1967 and closed it in 1995. He came out of retirement in 2004 to head Wisdom Tree Investments.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ByBit: Exciting Welcome Rewards of up to $20 BTC Await – Sponsored Bitcoin NewsLooking to kick start a crypto journey? It’s never too late to sign up for a Bybit account to join a global community of traders. Not only does ByBit
Read more »
Mega Millions drawing for 02/22/22, Tuesday jackpot is $75 millionTuesday night's 02/22/22 Mega Millions jackpot is worth $75 million, with a cash-value option worth $50.1 million.
Read more »
Powerball drawing for 02/21/22, Monday jackpot is $37 millionMonday night's 02/21/22 Powerball jackpot is worth $37 million, with a cash-value option worth $24.8 million.
Read more »
How Billionaires Are Quietly Buying Up and Returning China's Looted Cultural HeritageChina quietly enlists billionaires to buy and return its looted cultural heritage: We explore this topic using Institute of Art and Law director Alexander Herman's book, 'Restitution: The Return of Cultural Artifacts.'
Read more »
$89M flows into Bitcoin funds despite looming conflict, but ETH funds are negativeInstitutional investors snapped up $89 million worth of BTC investment products last week, while Ether products saw outflows totaling $15.2 million.
Read more »
Scary Pokémon Bearbrick Looks Like Its From Five Nights at Pikachu'sThe new Pikachu Bearbrick seems to be nightmare fuel for some fans, resembling the terrifying animatronics from Five Nights at Freddy's.
Read more »