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US to probe Nazi loot funds tied to WWII recovery
US envoy Stuart Eizenstat urged a full review of how looted Jewish assets found in dormant Nazi accounts in Swiss banks were handled after 1946. He noted billions in dollars may have been involved, with proceeds redistributed to Allies rather than Holocaust victims or heirs. An Aug. 14 Volcker committee meeting will discuss further.
MENTIONED IN THIS ARTICLE
Jerusalem
United States
Switzerland
Washington
U.S
Stuart Eizenstat
Britain
France
Eizenstat
Israel
Paul Volker
Federal Reserve
New York