1. A compensation commission in Geneva has been working on that, using confiscated Iraqi assets and money from the limited oil sales that Iraq is allowed to make. 2. It has vowed to sell the confiscated assets of those companies, including everything from cars to luxury resorts, in open auctions before the end of this year. 3. Jewish groups accuse Swiss banks of knowingly accepting confiscated assets of Holocaust victims and laundering gold looted by Nazi forces. 4. They also accused Swiss banks of knowingly accepting confiscated assets of Holocaust victims and laundering gold looted by Nazi forces. 5. Last year, France established a special commission to process individual requests for reparation for confiscated assets. 6. The Jewish Agency director, speaking at a panel discussion on confiscated Jewish assets, also questioned the neutrality of Switzerland during the war. 7. The prohibitions, he said, will cover any new capital investments in a confiscated asset as well as additional investments beyond routine maintenance in existing ventures. 8. Switzerland is embroiled in a controversy over the fate of confiscated Jewish assets banked there by the Nazis during the war. 9. The confiscated assets will be auctioned to repay nearly half of that lost by investors. |
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