Fraction of Nazi-stolen Jewish property returned

January 19, 2007 16:25

The vast majority of property stolen from Europe's Jews by the Nazis and their collaborators has never been returned, despite highly publicized restitution efforts over the past decade, according to a new study. The study, details of which were given to The Associated Press on Friday, shows that affected Jews and their heirs have received just a fifth of the wealth that was stolen from them during World War II and the Holocaust. Property that is today worth between US$115 and US$175 billion is still missing, according to the study, compiled by economist Sidney Zabludoff, a former CIA and U.. Treasury official. The study is to appear in the April issue of the Jewish Political Studies Review, a journal published by the Jerusalem Center for Public Affairs, an Israeli think tank.

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