Ancient Latin American art collection seized in Germany
Munich (Germany): German police have swooped on a warehouse and seized a collection of Mayan, Aztec and Inca art, which governments have been trying to keep off the art market, officials said Wednesday.
The artefacts, allegedly spirited into Germany in defiance of a Spanish ban, are said to be worth $100 million on the open market.
Countries such as Costa Rica, Peru and Colombia regard the treasures as part of their national heritage and not for sale. Bavarian detectives seized the art a week ago, state police and prosecutors said.
The newspaper Sueddeutsche Zeitung said Spanish officials had previously sealed the items to await legal procedures clarifying who owns them.
It said a Costa Rican art collector claims they are his.
The paper said he appeared to have organised the mysterious transport of the collection from Spain to Munich although he was not able to show German police any export permit.
IANS
Today’s top news
IT sector attracts $87 Mn VC investments in Q1 2008
IT & ITES sector has emerged as the preferred focus of Venture Capital investments in the country in the first three months of this year, attracting over two-third of the...
TRAI move to open up Internet telephony within India
Telecom regulator TRAI on Monday has sought the industry experts' views on the issue of allowing ISPs to provide Internet telephony to call landline or mobile subscribers...
'IT exports to touch $80 Bn in three years'
India's IT exports are poised to touch $80 billion within three years doubling from $40 billion achieved in 2007-08.
Inflation forcing 100 Mn more towards malnutrition: Unicef
Nearly 100 million additional people, a significant number of them Indians, are at risk of malnutrition as food prices skyrocket across the world, the United Nations Chil...
BlackBerry unveils 'Bold' version, to hit market soon
To broaden its 14-million customer base, BlackBerry maker Research in Motion, Monday unveiled a new and sleeker version of the wireless device.
To stay connected, Chandigarh must cede green space
Chandigarh may be India's most modern and planned city but, when it comes to mobiles, consumers in several areas face 'call drops' and zero network.
Percept, Future Group in JV for Bollywood Retail
Entertainment and communications firm Percept Tuesday announced a joint venture with retail major Future Group to launch 'Bollywood Retail' that aims to cash in on the Hi...
Satyam's solution reduces downtime for cement companies
Software major Satyam Computer Services Tuesday announced that it has developed a new solution to reduce downtime for process manufacturing companies.
Renault-Nissan, Bajaj form JV for small cars
India's Bajaj Auto will set up a join venture (JV) with the Renault-Nissan alliance to produce and market small cars - but priced higher than Tata Nano, the companies ann...
No flying from old Bangalore airport, says BIAL
The Bangalore International Airport (BIAL), the developer of Bangalore's new greenfield airport, has told the central government that it is not feasible to operate the ne...