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Casino magnate promises to return looted sculpture to China

24 September 2007

MACAU -- As reported by CBC News: "Casino magnate Stanley Ho has paid $8.9 million Cdn for a bronze horse head from China's imperial palace and says he will return it to China.

"'With this move, I hope to encourage more people to take part in preserving Chinese artifacts and to promote patriotism and nationalism,' Ho said in the statement from auction house Sotheby's.

"Sotheby's released the statement Friday, saying it has cancelled a controversial auction of the bronze head scheduled for Oct. 9.

"...In the second Opium War of 1860, British and French troops set the palace ablaze and plundered its treasures..."

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