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Posted Saturday, April 24, 2004

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 Compensation and benefits paid to individuals and institutions since 1953 comes to a total of $53,871 billion, of which 44 per cent went to individuals and institutions in Israel, 28 per cent to others in the U.S., and 28 per cent to survivors in the rest of the world.

 

Ha'aretz


Tel Aviv, Saturday, April 24, 2004

 

[Great Shakedown Latest]

Holocaust survivors in CIS need money the most, court told

By Shlomo Shamir

NEW YORK - Holocaust survivors and their heirs in the CIS (Commonwealth of Independent States) should be given prefence to those in Israel and the U.S. in divvying up compensation from Swiss banks, according to a recommendation submitted to a federal court in Brooklyn, N.Y.

click for origin

David Irving comments:

WOW, fifty-four trillion dollars from one historic shakedown.
   Now that's what I call real cabbage. What is the T-shirt scam they operate in their stores in Key West in comparison with that!.

The recommendation is expected to dispose Judge Edward Korman to use need as the primary criteria in the distribution of the money, as opposed to demographic considerations. The recommendation ignored the demand of Holocaust survivors' organizations that argue that because the greatest numbers of survivors live in the U.S. or Israel, the money should go to survivors in those countries.

The agreement signed by the banks in 1998 set aside over $1 billion for victims and their heirs, of which $200 million was distributed three years ago, leaving $800 million.

Yehuda Gribetz, a consultant to the court who made the recommendation, stressed in his report that the recommendation to distribute money as humanitarian aid will be applicable only if money is left over after the last of the claims of survivors and heirs has been settled.

Judge Korman will be holding a hearing on April 29, at which time representatives of Jewish organizations and community activists will propose how best to use the funds.

"The greatest number of survivors in the most dire straits still reside in the former Soviet Union and Eastern Europe," Gribetz stated in his report.

This group, he noted, receive no public social or welfare services and their health is poor.

A table in an appendix to the Gribetz report states that compensation and benefits paid to individuals and institutions since 1953, comes to a total of $53,871 billion, of which 44 per cent went to individuals and institutions in Israel, 28 per cent to others in the U.S., and 28 per cent to survivors in the rest of the world.

Only 0.8 per cent of the money went to survivors in the former Soviet Union.

What is a Holocaust survivor, how many survivors are alive today?

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