Probe into East Berlin's missing millions

24th February 2004, Comments 0 comments

24 February 2004 , BERLIN - Germany and Hungary have set up a joint commission to probe missing funds from former communist East Germany, the finance ministry said Tuesday in a statement. The investigation - ordered by German Chancellor Gerhard Schroeder and Hungarian Prime Minister Peter Medgyessy - will seek to trace money moved from Germany either to Hungary or via Hungary to third countries, said the statement. No specific sums were named in the statement but there have been repeated reports that multi

24 February 2004

BERLIN - Germany and Hungary have set up a joint commission to probe missing funds from former communist East Germany, the finance ministry said Tuesday in a statement.

The investigation - ordered by German Chancellor Gerhard Schroeder and Hungarian Prime Minister Peter Medgyessy - will seek to trace money moved from Germany either to Hungary or via Hungary to third countries, said the statement.

No specific sums were named in the statement but there have been repeated reports that multi-million euro sums were stashed abroad by East German functionaries after the 1990 German reunification.

East Germany ceased to exist after unification the new German government took over all East German state property and most communist party funds.

DPA
Subject: German news

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