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Article: Holocaust profiteering. (Insider Report).(some groups taking the money that belong to somebody else)(Brief Article)
- Article from:
- The New American
- Article date:
- March 11, 2002
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Copyright informationCOPYRIGHT 2002 American Opinion Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Michael Kleiner, a member of the Israeli Knesset (legislature), has condemned several prominent Jewish organizations for "rak[ing] into their coffers" an estimated $1 billion in unclaimed Holocaust compensation funds set aside by Swiss banks, reported the January 15th Jerusalem Post. An estimate obtained by Kleiner indicated that only three percent of the $1.25 billion in settlement funds "is likely to be paid to the legal heirs of the assets," observed the Post.
Under the 1998 settlement agreement, the Swiss banks were not required to publish lists of bank account and insurance policyholders purportedly entitled to a share of the money. This arrangement was ...
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