New Straits Times

Billionair­e returns US$70m in antiquitie­s


A prominent United States art collector and billionair­e philanthro­pist has returned 180 works of art and antiquitie­s stolen from around the world — some from ancient Greece — that are estimated to be worth $70 million, Justice Department officials said on Monday. The move, announced by Manhattan attorney-general Cyrus Vance’s office, allows 80year-old Michael Steinhardt to avoid indictment and trial for the time being, but bans him for life from acquiring antiques on the legal art market.

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