Australia returned on Monday an ancient Bodhisattva statue of the Gandhara art to Pakistan following an exhibition at the National Gallery in Canberra. It was handed over to Pakistani High Commissioner to Australia Zahid Hafeez Chaudhry following an exhibition. The artefact is believed to date back to the third and fourth century and was acquired by the Australian gallery in 2006 at a staggering price of $275,000. It is now believed to be worth $500,000. In a ceremony held at the High Commission for Pakistan, Canberra, the Gandharan relic was handed over to Pakistan by the National Gallery of Australia. This magnificent historical work of art was illegally acquired and taken out of Pakistan by an international crime syndicate led by discredited Indian art collector Subhash Chandra Kapoor, who is currently facing criminal charges in New York and New Delhi for involvement in illicit art trade. Kapoor it to the National Gallery of Australia in 2006. However, the gallery deaccessioned it after finding its uncertain legal and ethical status and association with Art of the Past under its ongoing Provenance Research Project. The High Commission for Pakistan, Canberra has been working closely with all the concerned departments in Australia for the identification and return of any historical works of art believed to have been illegally taken out of Pakistan. Speaking on the occasion, High Commissioner Zahid Hafeez Chaudhri described the handing over ceremony as a landmark event as it underscored the importance of legal and ethical aspects of the historical work of art. He added that it was a practical manifestation of cooperation between countries and institutions in this important area. It also highlighted the need to further strengthen international legal and ethical framework and cooperation against trade in stolen, illegally excavated, illegally exported, or unethically acquired historical work of art. The high commissioner emphasised that criminal charges against Subash Chandra Kapoor must be used to expose and prosecute international crime syndicates dealing in historical works of art. He particularly acknowledged the Provenance Research Project of the National Gallery of Australia and thanked its entire team for making the return of the historical work of art to Pakistan possible. He also highlighted the rich civilizational heritage of Pakistan which is millennia old. He invited the guests to visit and explore Pakistan to experience its diverse culture, rich heritage, beautiful landscape, wonderful cuisine and the hospitality of Pakistani people. The ceremony was attended by senior Australian officials, Buddhist monks, members of the diplomatic corps, academicians, and the media.