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GREAT RAID ON GERMAN LOOT

Press Assn.

By Telegraph

-Copnright

Reeeived Thursday, 10.40 a.m. " «... . . . LONDON, Sept. 11. & big Sore.e of British and Ameriean poliee and intelligenee j&ffieers joiiitly operatod yesterday in tracing and seizing unsurrendered stocks of precious stones and metals deposited in various plae.es in their zones, says Keuter's Be'rlin correspondent. It is offie.ially estimated tliat Ihe seizures. represented from 50 to 75 per eont. of what was expeeted, and whieh ainonnted to several niillions sterling. Much of it was Nazi loot from fhe oeenpied eountries. Hundreds of Germans wero apprehended and are slill being (|iieslioned. About £625,000 worth was fonnd in 79 of the 067 plaees raided. A spokcsman said ihe cluc to tbe hiding plaees* eame from typieally Gertnan deiailed reeords of the "Keieh agency' for preeions metals," whieh dispersed internationaliy marketable German assets among firnis and banks as the war neared its end.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHRONL19460912.2.19

Bibliographic details

Chronicle (Levin), 12 September 1946, Page 5

Word Count
147

GREAT RAID ON GERMAN LOOT Chronicle (Levin), 12 September 1946, Page 5

GREAT RAID ON GERMAN LOOT Chronicle (Levin), 12 September 1946, Page 5

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