Holocaust Asset Recovery a Messy Business

While leading voices try to keep the focus on certain East European countries in the run-up to the international Holocaust assets conference, certain chickens are coming home to roost in Israel, particularly for Bank Leumi, one of a number of Israeli institutions accused of profiting from the Holocaust by keeping and basically absorbing dormant accounts or assets invested by Holocaust victims before the Second World War instead of seeking out rightful heirs or otherwise admitting what they had.

It's an old story with a new chapter -- formal legal proceedings brought by claimants against the bank are about to begin.