An audit of Swiss banks indicates that dormant accounts belonging to Holocaust victims totals some $51 million so far, according to lawyers processing claims for the accounts. They said 3,300 claims have been accepted out of the 9,500 claims filed, with the remainder still being reviewed. Paul Volcker, the former U.S. Federal Reserve chairman who heads the Claims Resolution Panel, said that “efforts are being made to speed up” the restitution process, which he said is fraught with difficulties.
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