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Israel “unfreezes” 1,200 Arab Accounts, U.N. Official Reports

September 2, 1953
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The number of Arab refugee applications for accounts blocked in Israel rose from 900 at the end of May to about 2,750 as of last week, a liaison representative of the Palestine Conciliation Commission, who recently arrived here, announced today.

The U.N. official said that to date, the Israel Custodian for Absentee Property has approved 1,200 applications, The rate of transfer will be 50 pounds sterling monthly.

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