Over $96,000 in United States currency looted by the Nazis from the bodies of concentration camp victims has been redeemed by the Treasury Department and turned over to the International Refugee Organization to aid in rehabilitating survivors of the camps, the Preparatory Commission of the I.R.O. announced here today. Ninety percent of the money will be allocated for the care of Jewish victims, in accordance with arrangements worked out at the Paris conference on restitution.
Abba Schertz, director of the Reparations Department of the I.R.O. and his deputy, David Rolbein, who completed the transaction, reported that additional amounts of currencies still held by military authorities will be turned over to the I.R.O. in the near future. No estimate of the redemption value of those currencies is available as yet, they said.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
