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 Holocaust survivors missing out on funds because of legal dispute

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Blackveil
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PostSubject: Holocaust survivors missing out on funds because of legal dispute   Sat Feb 06, 2016 3:56 am

http://www.ynetnews.com/articles/0,7340,L-4753645,00.html

16 Jan 2016

Holocaust survivors in Israel, most of whom are aged 90 and over, have for the last few months not been receiving crucial financial support owed to them.

On Wednesday a stormy discussion took place in the Knesset Finance Committee regarding the failure of the Company for the Restitution of Holocaust Victims' Assets (RHVA) to transfer funds to survivors.

According to a 2006 law, after which the company was established, any assets belonging to victims whose descendants could not be found would be transferred to Holocaust survivors as quarterly payments.

A 2014 amendment stipulated that the yearly total the company was supposed to set aside was NIS 135 million, which was increased to NIS 150 million in 2015.

In mid-2015 the company announced that it could not make the payments due to not receiving dividends from the Jewish Colonial Trust, in which it has holdings, leaving the RHVA's coffers empty....

The company's attempts to find a workaround led to a legal dispute breaking out between it and the JCT, which according to representatives from the two is heading for a court ruling....
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wag
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PostSubject: Re: Holocaust survivors missing out on funds because of legal dispute   Sat Feb 06, 2016 12:00 pm

Fighting over stolen money, not shocking.

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FrontierJustice
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PostSubject: Re: Holocaust survivors missing out on funds because of legal dispute   Sun Feb 07, 2016 12:46 am

wag wrote:
Fighting over stolen money, not shocking.

Jews sure have a way with words: "crucial financial support owed to them"  No

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Blackveil
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PostSubject: Re: Holocaust survivors missing out on funds because of legal dispute   Sun Feb 07, 2016 3:54 am

There have been so many payouts for Holocaust reparations - innumerable - and still more are pending. Yet, every time, the funds seem to melt away into swindles. Someone should research an organised history of this topic - of course, if one did, one would be persona non grata in academic life forever more.
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wag
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PostSubject: Re: Holocaust survivors missing out on funds because of legal dispute   Sun Feb 07, 2016 12:53 pm

Blackveil wrote:
one would be persona non grata in academic life forever more.

At best.

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