Bank Freezes Jimmy Savile’s Estate

    GLEN COE, UNITED KINGDOM - OCTOBER 29:  Slogans painted on Alt-na-reigh, the cottage owned by Jimmy Savile, which police searched last week as investigations continue on October 29, 2012 in Glen Coe, Scotland. The cottage is situated next to the A82 road that runs from Fort William to Glasgow and was vandalised over the weekend after police searched it last week as part of the UK wide investigation into alleged child abuse by the former television presenter.  (Photo by Jeff J Mitchell/Getty Images)

    Jeff J Mitchell / Getty Images

    A British bank said on Thursday that it had frozen the estate of Jimmy Savile, the late British broadcaster being investigated for sexual abuse of as many as 300 underage girls. NatWest Bank, the executor and trustee of Savile's estate, said they had put his assets on hold given the claims raised. According to the Financial Times, Savile bequeathed his wealth to 26 beneficiaries' most of which went to a charitable trust set up in his name. The overall value of his estate was estimated to be £4.3 million, or $6.98 million. Savile has been accused of having sex and molesting the young women while conducting charity work at several hospitals, and some have alleged some of the abuse occurred at the BBC. Scotland Yard has opened a criminal investigation into the claims.

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