ed by Nazis , but Switzerland was the main destination for gold from the looting of the Nazis. For years, Swiss bankers have denied having anything but minimal amounts of Nazi loot and unclaimed Jewish accounts in their vaults. Theres been a 50 year campaign of dissembling, says Edgar Bronfman, the business mogul and president of the World Jewish Congress (WJC), who leads the search for the hidden assets .Over 50 years have passed and Switzerland has claimed they have minuscule amounts of Holocaust victims money. It wasnt until someone dug very deep into Swiss banking archives known as the JAG files that the truth was found.In one of those boxes, she found a copy of the Soci#233 G#233rale de Surveillance, a Geneva banking association. It listed names of Jewish nationals from Eastern Europe who had put their money into Swiss banks, with the amounts of their deposits. Translated into dollars and adjusted for inflation, the total came to about $20 billion. It has been over 50 years since the Geneva Convention concluded WWII, and until 1996 Switzerland denied they even took any sort of money from the Nazis. When a nasty paper trail was followed, it was learned that more than $20 billion was hidden in Switzerland, Great Britain, and the United States.But not one penny of the money stolen by Nazis has been returned to Holocaust victims. It has been over fifty years since Gestapos raided the homes of Holocaust victims. Almost seven million Jews were killed in Nazi concentration camps, but the estimated 600,000 survivors of the Holocaust have never received restitution payments from Germany. Some countries have overlooked Jewish concentration camp survivors, and gave money to prominent Nazi rulers.The age of many of the as-yet-uncompensated victims if Nazi persecutions has given urgency to the task. Over the years, most of the victims have been overlooked while some perpetrators and their heirs have been rewarded. The German widow of p...
