lady painting

 

Apr 2001 Journal

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Central Office for Holocaust Claims

Swiss banks

A Claims Resolution Tribunal (CRT) has been appointed to implement a claims procedure for assets deposited in Swiss banks before WWII. The Tribunal has allocated up to $800 million (£540m) for awards to claimants. While other aspects of the Holocaust Assets Victims Litigation, such as looted assets and the failure of Swiss authorities to help Jewish refugees, continue to be investigated, the deadline for filing a claim with the CRT for a dormant account is 5 August 2001. Relaxed standards of proof will apply when assessing a claim. Claimants are advised to answer questions to the best of their ability.

A list of the 21,000 names of Holocaust victims who opened bank accounts in Switzerland is available on the Claims Resolution Tribunal website: www.crt-ii.org or at www.dormantaccounts.ch.

General Settlement Fund

The US and Austrian governments have announced a comprehensive compensation package for property ‘aryanised’ in Austria. Endowed with a total of $360 million (£245m), the General Settlement Fund will provide ex gratia payments of $7,000 (£4,000) to Holocaust victims persecuted in Austria during WWII as compensation for the looting of household goods and personal possessions as well as for the loss of tenancy rights.

The Austrian government has also set aside $112 million (£76m), over the next ten years, to widen the provision of social benefits to victims not previously compensated. Anyone who received a payment from the Nationalfonds (approximately £3,000) will automatically be entitled to a payment from the General Settlement Fund and, with priority to the eldest victims, will be contacted in due course.

Further help

Written enquiries should be sent to Central Office for Holocaust Claims (UK), 1 Hampstead Gate, 1a Frognal, London NW3 6AL. For assistance with the completion of application forms please telephone 020 7431 6161 for an appointment.
Michael Newman

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