German tycoon's stolen body found

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The stolen body and coffin of a German billionaire, Friedrich Karl Flick, have been found in Hungary.

The coffin and remains were handed over to Austrian authorities at the weekend, Austrian police say.

Thieves stole the coffin in November 2008, after moving a slab of granite at the mausoleum in southern Austria where the industrialist was buried.

Flick inherited German factories that employed slave labour during World War II. He died in 2006 at the age of 79.

In December 2008 his widow Ingrid offered a 100,000-euro (£91,000) reward in an effort to recover the body. No ransom demand was made by the robbers.

Flick had been buried at Velden in southern Austria.

There are unconfirmed reports that Hungarian police made some arrests during the investigation.

The late billionaire's father was Friedrich Flick, a German industrialist convicted at Nuremberg of employing slave labour in his armaments factories in Nazi Germany. He served three years in prison before emerging to rebuild his business.

His son, Friedrich Karl Flick, steered the family concern after his father's death in 1972. He was listed by Forbes magazine as one of the world's 100 richest people.