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Rumania Liquidating Property of Edgar Ausnit, Brother of Jailed Arms Magnate

Following the imprisonment of Max Ausnit, Jewish-born “steel and munitions king of Rumania,” the authorities today began “liquidation” of the property of his brother, Edgar, who was recently deprived of citizenship and is now in England.

It is not yet known who will be the beneficiary of the “liquidation” of Edgar Ausnit’s property, but it is assumed that it will be assigned to social institutions. Edgar Ausnit was deprived of citizenship by Royal decree last Dec. 9.