The collection of the late billionaire Rudolf August Oetker, a former member of the Waffen-SS, is being thoroughly researched 'to assess whether any audited artwork belonged to a person persecuted for reasons of race, reli-gion, nationality, ideology or political opposition to National Socialism who was wrongfully deprived of such an artwork', according to a statement from the Board.
The collection includes a wide range of artworks including paintings, silver and porcelain. The research will initially focus on the collection of paintings which numbers several hundred.
So far, four artworks have been identified as 'candidates for restitution or the payment of financial compensation' and negotations with the rightful owners are ongoing.
To read the statement, click here.
To read an article about the collection which raised issues of provenance in July, click here.