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Progress made in resolving bank accounts of Holocaust victims
February 14, 1997
Web posted at: 11:55 p.m. EST (0455 GMT)NEW YORK (CNN) -- Jewish, American, and Swiss leaders are hailing a movement from confrontation to cooperation in the debate over dormant Swiss bank accounts that once belonged to Holocaust victims.
"The mood has brightened," said World Jewish Congress President Edgar Bronfman Sr. Bronfman was among the leaders who met to discuss the restitution Friday.
Although no exact figures were decided on Friday, the leaders of the World Jewish Restitution Organization outlined a more concrete timetable for the process of restitution.
Also, it was learned that a $71 million humanitarian fund may start making payments as early as this summer. The fund has nothing to do with the dormant accounts; it is a gesture by the Swiss to provide some kind of relief to Holocaust victims' families.
Related stories:
- Swiss to move quickly on compensating Jews for stolen gold - January 12, 1997
- Faces behind pleas for proper accounting of Nazi-era deposits - November 19, 1996
- Audit aims to find dormant accounts of Nazi victims - November 19, 1996
- Documents show Nazis had access to Jews' Swiss bank accounts - November 16, 1996
Related sites:
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- World Jewish Congress
- Union Bank of Switzerland
- Holocaust Assets and Swiss Banks - Senator Alfonse M. D'Amato
- Embassy of Switzerland, Washington D.C. - Financial Relations during WWII
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