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UK Court Freezes Assets of Kohn

Published: December 3, 2011; 20:01 · (Vindobona)

A British judge froze funds of 27m pounds (€ 31.4m) of the Austrian former investment banker Sonja Kohn, who is accused to have participated in Bernard Madoff´s frauds.

UK Court Freezes Assets of Kohn / Picture: © Wikipedia / U.S. Department of Justice

Sonja Kohn, the former head of the Austrian Medici bank and a business partner of Bernard Madoff, has been obliged to transfer about 27m pounds to the UK. The judge Julian Flaux claims Kohn to shift the assets within 56 days. The funds were entirely frozen by the judge.

Kohn is seen as „part of the system Madoff“. In the end, € 20bn were lost. Since the 1980s, Kohn acted as…

This article includes a total of 191 words.

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