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News Brief

January 19, 2005
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The Israeli government and banks owe the survivors of Holocaust victims some $31.5 million in compensation from dormant accounts, a parliamentary probe found. After an investigation that lasted more than five years, the Knesset panel on Tuesday criticized the government — which became custodian of many accounts after Israel was established in 1948 — and private banks for not trying to make restitution earlier.

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