Re: Italy still won't give back Mussolini-confiscated Lithuania Embassy in Rome

'ear 'ear

"martin" <martintg@xxxxxxxxxxx> wrote in message
news:1148937670.886400.3760@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Uno Qualunque wrote:
martin wrote:

If the bank or
the Italian government gave the remainder to the Soviet Union, then
it
acted illegally since the Soviet Union was never a party to the
original mortgage nor was the annexation of Lithuania legal either.

I guess that they did not give, but they received the following
payments
from the USSR.
wars and occupations are not legal or illegal; maybe one day they
will be
that; for sure not in the past, where the "international law" was the
law
of the strongest. and the occupation and annexation was a fait
accompli.
only dreamers thought that the baltics would have been independent!
banks
and diplomacies don't dream; they have to be realistic.
then in 1945 Italy was among the war losers. it had to pay war
compensations
to Russia. how could it stand up on such an issue?

A
responsible bank would have held that remaining 46% equity in a
trust
account until it was legally claimed. Therefore the issue of
Lithuania's 46% equity is Italy's alone, and at the very least,
either
the bank or the Italian government should paid that 46% equity in
cash,
plus interest, back to the Lithuanian government.

maybe it's the Russians who should pay that. Italy did not gain
anything
from this story; it's Russia who benefited from this.
it's not Italy's fault if the baltics were occupied, and Italy is not
pleased at all to have this boiling potato in the hands...

This is what puzzles me. If you own a house worth 100,000 dollars, and
you have a mortgage with the bank of 54,000 dollars so your equity in
the house is 46,000 dollars. Now if you cannot pay the mortgage to the
bank any more, the bank takes the property and sells it to get its
54,000 dollars back, what happened to your equity of 46,000 dollars?
The bank must give that back to you because you are the original
mortgage signatory, regardless if your neighbour invades your house
and
starts paying the mortgage. What if you disappear before the money can
be given back? Swiss back held thousands of unclaimed accounts of
people who disappeared during WW2 for over 50 years. It is clear to me
that the Mussolini government and the bank benefited from the sale of
this building, because the Mussolini government first bought the
building before selling it on to the Soviet Union. So in my opinion,
the Italian government is liable.

Regards,
Martin



.

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