Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Argentina court orders house arrest for daughter of Nazi official in search for missing painting
    Headlines

    Argentina court orders house arrest for daughter of Nazi official in search for missing painting

    Argentina court orders house arrest for daughter of Nazi official in search for missing painting

    Published by Global Banking and Finance Review

    Posted on September 2, 2025

    Featured image for article about Headlines

    By Lucila Sigal

    BUENOS AIRES (Reuters) -A federal court in Argentina ordered house arrest for the daughter of a former Nazi official and her husband after a raid failed to locate an iconic painting stolen decades ago by the Nazis.

    In an incident that captivated Argentina last week, authorities raided a home in the coastal city of Mar de Plata after a Dutch newspaper identified a painting seen in a real estate photo as an Italian masterpiece registered on a database of lost wartime art. 

    They failed, however, to locate the piece.

    The painting, a portrait of Contessa Colleoni by Italian artist Giuseppe Ghislandi, who died in 1743, had been missing for 80 years, before it was spotted in the listing for a home believed to be owned by Patricia Kadgien, the daughter of the late former Nazi official Friedrich Kadgien.

    Patricia Kadgien and her husband, were ordered to remain under house arrest for 72 hours starting Monday and will be questioned for obstructing the investigation to locate the painting, a judicial official in Mar de Plata told Reuters on Tuesday. 

    The couple will be summoned for a hearing before Thursday, the official said, where they are expected to be charged with "concealment of theft in the context of genocide." 

    Argentina authorities carried out four new raids on Monday to find the painting, the official said, at homes linked to Kadgien and the couple's relatives, where investigators found two other paintings presumably dating back to the 1800s.    

    Reuters was not immediately able to contact Patricia Kadgien. 

    After the fall of the Third Reich at the end of World War Two, a number of high-ranking Nazi officials fled to South America.

    The portrait of Contessa Colleoni was among more than 1,000 works of art stolen by the Nazis from Amsterdam-based art dealer Jacques Goudstikker who died in 1940, according to Dutch newspaper Algemeen Dagblad, which also reported on documents suggesting it was in the possession of Friedrich Kadgien, a senior official in Adolf Hitler's government who moved to Argentina after World War II. Kadgien died in 1979.

    (Reporting by Lucila Sigal, editing by Cassandra Garrison and Alistair Bell)

    Related Posts
    Warner Bros likely to reject $108.4 billion Paramount bid, back Netflix in bidding war, sources say
    Warner Bros likely to reject $108.4 billion Paramount bid, back Netflix in bidding war, sources say
    Stellantis says EU proposals fall short on auto industry's energy transition needs
    Stellantis says EU proposals fall short on auto industry's energy transition needs
    Under Ukraine security guarantees, Western troops could repel Russian forces post-ceasefire, says Germany's Merz
    Under Ukraine security guarantees, Western troops could repel Russian forces post-ceasefire, says Germany's Merz
    Slovaks rally against government moves they see damaging rule of law
    Slovaks rally against government moves they see damaging rule of law
    OpenAI taps former UK finance minister Osborne to lead global Stargate expansion
    OpenAI taps former UK finance minister Osborne to lead global Stargate expansion
    US threatens countermeasures after EU fine on Musk's X
    US threatens countermeasures after EU fine on Musk's X
    EU drops 2035 combustion engine ban as global EV shift faces reset
    EU drops 2035 combustion engine ban as global EV shift faces reset
    Israeli settler kills 16-year-old Palestinian in West Bank, mayor says
    Israeli settler kills 16-year-old Palestinian in West Bank, mayor says
    FCAS fighter jet "very unlikely" after ministers' talks, source says
    FCAS fighter jet "very unlikely" after ministers' talks, source says
    Campari's parent company settles tax dispute with 405 million euro payment
    Campari's parent company settles tax dispute with 405 million euro payment
    Universal offers to sell Downtown's Curve to win EU approval, source says
    Universal offers to sell Downtown's Curve to win EU approval, source says
    Reactions to European Commission proposal to reverse 2035 combustion engine ban
    Reactions to European Commission proposal to reverse 2035 combustion engine ban

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostLufthansa faces possible pilot strike after pension talks fail
    Next Headlines PostFormer Ukraine parliament speaker laid to rest after assassination

    More from Headlines

    Explore more articles in the Headlines category

    Italy's offshore wind push languishes, putting climate goals at risk

    Italy's offshore wind push languishes, putting climate goals at risk

    New Rome metro stations showcase ancient treasures after years of delays

    New Rome metro stations showcase ancient treasures after years of delays

    New Czech government signals tough stance on migration, EU emissions rules

    New Czech government signals tough stance on migration, EU emissions rules

    What's in the European Commission's proposals to reverse 2035 combustion engine ban? 

    What's in the European Commission's proposals to reverse 2035 combustion engine ban? 

    Zaporizhzhia nuclear plant running on single power line, Russia says

    Zaporizhzhia nuclear plant running on single power line, Russia says

    No news on whereabouts or health of Iranian Nobel laureate Narges Mohammadi, supporters say

    No news on whereabouts or health of Iranian Nobel laureate Narges Mohammadi, supporters say

    EU talks to fund Ukraine with Russian assets make progress, key decisions seen Thursday

    EU talks to fund Ukraine with Russian assets make progress, key decisions seen Thursday

    Germany wraps up Patriot air defence mission in Poland

    Germany wraps up Patriot air defence mission in Poland

    Bosnian police detain two officials over deadly retirement home fire

    Bosnian police detain two officials over deadly retirement home fire

    Explainer-Bondi Beach suspects travelled to Philippine region known for Islamist militancy

    Explainer-Bondi Beach suspects travelled to Philippine region known for Islamist militancy

    Family of Bondi hero in Syria says his home country is proud of him

    Family of Bondi hero in Syria says his home country is proud of him

    UK police charge two men with belonging to Hezbollah, attending terrorism training

    UK police charge two men with belonging to Hezbollah, attending terrorism training

    View All Headlines Posts