“The ruling, upholding an earlier verdict by a lower court, concerns the transfer into a Swiss bank of 128 million euros from the communist East Germany after the impoverished country’s demise in 1990.  This transfer by Rudolfine Steindling, a colourful Austrian communist dubbed ‘Fini the Red’ who died last year, was conducted by a former subsidiary of Bank Austria, itself now part of Italy’s UniCredit.  In the 1990s Germany, by then reunified, complained that Steindling had no right to the money, which was amassed by East Germany charging fees from Western firms investing there, and that Bank Austria knew this.”

http://www.thelocal.ch/page/view/top-swiss-court-orders-return-of-millions-stolen-from-germany

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