Skip to content

There’s no business like Shoah business!

June 27, 2009

Israeli Firms Accused of Profiting Off Holocaust

Families Battle for Assets in Court

By JONATHAN COOK

Counterpunch

June 25, 2009

Israel’s second largest bank will be forced to defend itself in court in the coming weeks over claims it is withholding tens of millions of dollars in “lost” accounts belonging to Jews who died in the Nazi death camps.

Bank Leumi has denied it holds any such funds despite a parliamentary committee revealing in 2004 that the bank owes at least $75 million to the families of several thousand Holocaust victims.

Analysts said the bank’s role is only the tip of an iceberg in which Israeli companies and state bodies could be found to have withheld billions of dollars invested by Holocaust victims in the country — dwarfing the high-profile reparations payouts from such European countries as Switzerland.

read the rest

From → Uncategorized

Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: