Friday 20 May 2016

Haile Selassie $1m watch to be given back to mystery owner

 

Haile Selassie Watch 
 
Geneva's chief prosecutors will release a watch which the family of Ethiopian Emperor Haile Selassie insist was stolen, reports Bloomberg.

The watch was confiscated by prosecutors who have now told Bloomberg they have found no criminal wrongdoing.

The family say the watch was stolen from the Imperial Palace by soldiers in the wake of a 1974 Marxist coup that deposed the Ethiopian monarch, or was taken from a safety deposit box shortly thereafter.

Bloomberg say the 18-carat gold Patek Phillipe watch is expected to get £1m (£690,000) in auction.

Christie's Auction House is not revealing the owner's name.

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