Kozlowski's $6,000 shower curtain to find new home

Thu Jun 14, 2012 5:17pm EDT
 
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By Karen Freifeld

NEW YORK (Reuters) - Dennis Kozlowski's infamous $6,000 shower curtain will soon have a new home.

The custom gold-and-burgundy curtain, which helped turn Kozlowski into a poster boy for corporate greed, has been held in storage by prosecutors since before his conviction in 2005.

On Thursday, a New York judge ruled it should be released to Tyco International Ltd, the firm Kozlowski, as chief executive, looted of more than $100 million.

The shower curtain, which featured prominently at his criminal trials, hung in a maid's bathroom at 950 Fifth Avenue in New York, an apartment Tyco bought for Kozlowski for $16.8 million in 2001.

Other items from the apartment included: a $15,000 umbrella stand, a $1,650 enamel and sterling silver notebook, a $17,100 "traveling toilette" box, a $2,200 gilt metal waste basket, and a $445 pin cushion.

Tyco is now getting all six items.

"At trial, the evidence established that said property had been paid with Tyco International Ltd. funds," Assistant District Attorney Connie Fernandez said in court papers this week. "Tyco International Ltd. has requested that said property be released to them."

New York State Supreme Court Justice Michael Obus issued the order releasing the items on Thursday.   Continued...