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HandWiki. World Jewish Congress Lawsuit Against Swiss Banks. Encyclopedia. Available online: https://encyclopedia.pub/entry/28391 (accessed on 03 October 2026).
HandWiki. World Jewish Congress Lawsuit Against Swiss Banks. Encyclopedia. Available at: https://encyclopedia.pub/entry/28391. Accessed October 03, 2026.
HandWiki. "World Jewish Congress Lawsuit Against Swiss Banks" Encyclopedia, https://encyclopedia.pub/entry/28391 (accessed October 03, 2026).
HandWiki. (2022, October 08). World Jewish Congress Lawsuit Against Swiss Banks. In Encyclopedia. https://encyclopedia.pub/entry/28391
HandWiki. "World Jewish Congress Lawsuit Against Swiss Banks." Encyclopedia. Web. 08 October, 2022.
World Jewish Congress Lawsuit Against Swiss Banks
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The content is sourced from: https://handwiki.org/wiki/Social:World_Jewish_Congress_lawsuit_against_Swiss_banks

The World Jewish Congress lawsuit against Swiss banks was launched in 1995 to retrieve deposits made into Swiss banks by victims of Nazi persecution during and prior to World War II. Initiated as WJC negotiations with both the Government of Switzerland and its banks over burdensome proof-of-ownership requirements for accounts, strong support from United States politicians and leaked documents from a bank guard pressured a settlement in 1998 in a U.S. court for multiple classes of people affected by government and banking practices. As of 2015, US$1.28 billion has been disbursed for 457,100 claimants.

switzerland banking proof-of-ownership

References

  1. Hearings before the U.S. Senate Committee on Banking, Housing, and Urban Affairs, April 23, 1996.
  2. Hearings before the U.S. Senate Committee on Banking, Housing, and Urban Affairs, May 15, 1997. Testimony of Undersecretary Eizenstat. http://banking.senate.gov/97_05hrg/051597/witness/eizenst.htm
  3. U.S. and Allied Efforts To Recover and Restore Gold and Other Assets Stolen or Hidden by Germany During World War II Preliminary Study: Coordinated by Stuart E. Eizenstat, Under Secretary of Commerce for International Trade, Special Envoy of the Department of State on Property Restitution in Central and Eastern Europe. http://www.ushmm.org/assets/state/index.html
  4. Hearings before the U.S. Senate Committee on Banking, Housing, and Urban Affairs, May 6, 1997. Testimony of Christoph Meili. http://banking.senate.gov/97_05hrg/050697/witness/meili.htm
  5. Hearings before the U.S. Senate Committee on Banking, Housing, and Urban Affairs, May 15, 1997. Testimony of Ambassador Borer http://banking.senate.gov/97_05hrg/051597/witness/borer.htm
  6. The Swiss government paid 250 million francs (1946 francs) to the allies in 1946 as part of a settlement to normalize relations and help rebuild Europe.
  7. Sanger, David E. (26 July 1997). "New Twist on Swiss Accounts: Envoy Sees Her Mother's Name (Published 1997)". The New York Times: p. 1. https://www.nytimes.com/1997/07/26/world/new-twist-on-swiss-accounts-envoy-sees-her-mother-s-name.html. 
  8. Codevilla, Angelo M. (2000) Between the Alps and a Hard Place. New York: Regnery Publishing. p.186
  9. "Switzerland winds up Holocaust fund", Swiss info, 2002 http://www.swissinfo.org/eng/front/detail/Switzerland_winds_up_Holocaust_fund.html?siteSect=105&sid=1525427&cKey=1040234400000
  10. Report on Dormant Accounts of Victims of Nazi Persecution in Swiss Banks Annex 4; and Part I paragraph 41 http://www.crt-ii.org/ICEP/ICEP_Report_ToC.pdf
  11. Holocaust Victim Assets Litigation http://www.crt-ii.org/_awards/index.phtm
  12. The Bergier Commission Final Report, page 442; and page 518 http://www.uek.ch/en
  13. http://www.swissbankclaims.com/Documents/Doc_9_Settlement.pdf Template:Bare URL PDF
  14. Finkelstein, Norman. The Holocaust Industry. Verso, New York, second paperback edition 2003, p. 154.
  15. "Swiss Banks Settlement Fund Distribution Statistics as of December 31, 2015". Swiss Banks Settlement: In re Holocaust Victims Assets Litigation. http://www.swissbankclaims.com/Documents/Distribution%20Stats.pdf. 
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