KKL-JNF transfers millions for Holocaust restitution

Money to ensure that survivors won’t hold back from buying food, medicine "due to economic hardship."

By
April 25, 2013 01:42
1 minute read.
KKL head Efi Stenzler.

Efi Stenzler 370. (photo credit: Marc Israel Sellem/The Jerusalem Post)

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

The Keren Kayemeth LeIsrael- Jewish National Fund completed on Wednesday the transfer of funds totaling half a billion shekel to the Company for Location and Restitution of Holocaust Victims’ Assets, a government- owned corporation established “with the goal of doing historical justice with the victims and reinstating the assets of Holocaust victims located in Israel to their rightful beneficiaries.”

In what KKL-JNF is calling an “historic ceremony,” chairman Efi Stenzler transferred NIS 159 million for the families of Holocaust victims, completing the half-billion shekel sum.

Be the first to know - Join our Facebook page.


According to the group, this is the “largest amount ever transferred by the Israeli organization for the families of those who perished in the Holocaust.”

Wednesday’s transfer is the cash equivalent of the value of properties in Israel originally purchased by European Jews who perished in the Holocaust and which were transferred in trust to the KKL-JNF to keep them out of the hands of both the British Mandate government and “anti- Zionist elements.”

Stenzler described the KKL-JNF transfer as a correction of an “historical injustice."

“After two years of hard work... we completed the transfer of half a billion shekels to families of victims.”

Speaking in Independence Hall in Tel Aviv, Stenzler added that his organization harnessed its offices and workers around the world to “to help search for victims’ families.”



“We declare that we completed the historic task entrusted to us, and now we are passing the baton to the Company for Location and Restitution of Holocaust Victims’ Assets,” the chairman said.

Micha Harish, chairman of the company, stated that “the recovery was established primarily for the benefit of the heirs of Holocaust victims – our work focuses on locating heirs, so far more than a billion shekel were transferred to heirs identified all over the world.”

Other roles of the company, Harish added, are to “help survivors in need of assistance in everyday life,” as well as devoting “resources to the subject of commemoration.”

Stenzler said that he hopes that the money ensures that Holocaust survivors no longer need to hold back from purchasing food and necessary medicines “due to economic hardship.”

Related Content

Joan Rivers
August 28, 2014
Joan Rivers rushed to hospital following throat surgery

By JPOST.COM STAFF