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Knesset Discusses Fate of Unclaimed Jewish Funds in Swiss Banks

Rabbi Mordechai Nurok, National Religious party deputy in the Knesset, Israel’s Parliament, today asked the House to debate the issue of the disposal of deposits in banks in Switzerland and elsewhere of Jews who were killed in the Nazi holocaust.

Rabbi Nurok proposed that the banks be required to publish the names of the unclaimed deposits, which, he said, amounted to “billions. ” In the event that there were no heirs, Rabbi Nurok urged that the funds be transferred for the use of institutions in Israel and sponsored by the World Jewish Congress, for educational and philanthropic purposes.

Finance Minister Levi Eshkol told the Knesset that the matter was receiving constant attention by the Government. The issue was then referred to committee.