Credit Suisse served Nazi clients as recently as 2020

The dealings included 70 Argentine accounts with links to Argentina-based Nazis that were opened after 1945.

By JNS

Banking giant Credit Suisse had dealings with and held accounts linked to Nazis from World War II until as recently as 2020, according to reports the U.S. Senate Budget Committee reports released on Israel’s Holocaust Remembrance Day.

The reports released on Tuesday document an internal investigation conducted by a forensic research firm the Zurich-based bank hired in response to Nazi Asset findings made by investigators for the Simon Wiesenthal Center.

The dealings included 70 Argentine accounts with links to Argentina-based Nazis that were opened with Credit Suisse after 1945. They also included 21 accounts of high-level Nazis, provided by the Simon Wiesenthal Center, including those that belonged to a Nazi commander sentenced at Nuremberg, an SS commander who was convicted of war crimes, a Nazi scientist imprisoned throughout the Nuremberg trials, a senior SS officer and a representative of Deutsche Wirthschaftsbetriebe GmbH (DWB), as well as other accounts not previously identified.

The aim of Deutsche Wirtschaftsbetriebe (“German Economic Enterprises”), organized and managed by the Allgemeine SS, was to profit from concentration camp inmates’ slave labor.

While the sentenced commander’s account stayed open until 2002, the bank has yet to provide asset information from it and 80 other identified accounts.

While the reports are incomplete due to limitations on their scope, they uncover close to 100 previously undisclosed accounts linked to Nazis, along with associated details, including the refusal to review whether Nazi heirs had received access to these bank accounts, raising concerns about the bank’s possible assistance to Nazis seeking to evade justice post-WWII.

The Simon Wiesenthal Center released a statement expressing disappointment in Credit Suisse’s decision to remove the independent ombudsperson and independent adviser initially put in place to investigate relevant facts and information, and said the actions taken by the U.S. Senate Committee on the Budget “shines a light on a dark and troubling past that has remained outside the historical record.”

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Large swastika cut into autistic Jewish boy’s back in Nevada school

The boy’s mother filed a complaint after the school did nothing; the FBI is currently investigating it as a hate crime.

By Batya Jerenberg, World Israel News

The FBI is currently investigating as a hate crime an incident where a large swastika was cut into an autistic boy’s back in a Nevada public school, Ynet reported Tuesday.

The mother of the 17-year-old, who does not speak and attends the Clark High School in Las Vegas with both a service dog and a shadow, said that her son came home on March 9 with the marking. She also found that the dog’s equipment bag had been torn and resewn.

“My son is the only student I know of who wears a kippah at the school,” said the mother, making him visibly Jewish. Her immediate email to the school regarding the incident generated no investigation, with both the administration and her son’s assistant saying that “nothing happened at school,” said the mother to Orthodox Jewish news site COLlive.

The family filed a police complaint four days later, and then pulled the boy out of the school, she told the news site, “because it’s an unsafe environment.”

In an emailed correspondence with the Jewish Press, she added, “As far as I know, the one-on-one is still working at CCSD (Clark County School District). Her job is to be with my son. If she did not do [the etched mark], I believe she knows who did.”

As the school does not have cameras installed in its classrooms or hallways as many public schools do today, there is no video documentation of the hate crime and the FBI will have to rely on other means to find out who was involved.

The Anti-Defamation League’s Nevada regional director, Jolie Brislin, asked for the public’s help in providing relevant information regarding “this violent, antisemitic act” in a tweet Tuesday.

“Not only was this student targeted for his identifiable faith, but he was particularly vulnerable due to his disability,” she pointed out.

“School should be no place for hate and no student should be made to feel unsafe and threatened,” Brislin added, saying that the veteran Jewish organization has been in contact with the parents, school district and police, “and will be working with Clark High School to provide antisemitism education.”

According to the Ynet report, the FBI got involved after the Israeli American Council (IAC) intervened in the matter. The IAC, whose mission is partly to build a Jewishly engaged and united Israeli-American community, had recently created a website called School Watch due to the growing number of anti-Jewish incidents it heard about.

The website is a forum for parents and their children to complain about antisemitism that occurs during their studies, and the organization then helps the complainants face both the educational facilities and the law authorities.

“Every week we receive at least four inquiries from Jewish parents or students,” IAC cofounder and CEO Shoham Nicolet said, stating the startling statistic that “”75% of Israeli-Americans encounter antisemitism in schools. Children are afraid to wear IDF shirts and Star of David jewelry. There is no distinction between Israeli and Jewish, there is hatred and it has become the norm.”

According to an IAC report on the issue, 43% of incidents that it was told about occur in high schools, 35% in middle schools, and 22% in elementary schools and includes both teachers and students as perpetrators. While California (19%), Massachusetts (17%) and New Jersey (16%) take the first three spots in the school-led antisemitism, Nevada comes in a “respectable” fourth place, with 12% of all complaints.

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As negotiations on judicial reform compromise continue, government and Opposition split on judicial review

Opposition says 9 or 10 justices should be able to overrule Knesset law, while coalition’s bill says a majority of 12 is necessary.

By Batya Jerenberg, World Israel News

Negotiations between the Opposition and Coalition on one of the biggest issues in the judicial reform package – judicial override – hit an snag this week, Kan Reshet Bet reported Thursday.

The government’s current bill on the subject of how many justices are needed to overturn a regular Knesset law, which has already passed its first reading, says that 12 of the 15 sitting Supreme Court judges must agree in order to cancel the law – down from 15 in the original draft of the bill. Yesh Atid is demanding that the number be reduced to nine – just one more than a bare majority, while the National Unity party is willing to compromise at ten.

According to the report, the parties signaled in closed talks that they believe an agreement can be reached on the issue.

The court cannot strike down Basic Laws according to the current bill, and the report did not mention negotiations on this issue.

The two largest Opposition parties have also presented different views of the enactment of Basic Laws, with Yesh Atid again taking a hardline. While the bill already on the table would allow an absolute majority of 61 MKs to pass or amend Basic Laws, Yair Lapid’s party says a supermajority of 80 legislators should be necessary for each of the four readings (vs. three for a regular law).

National Unity’s Benny Gantz is much closer to the government’s position, arguing that a special majority is only necessary for the final reading, and putting that number at 70.

The thorniest issue, the question of how to select new judges, has been put aside for the moment, according to the report.

The current compromise on the table, according to the news channel’s report earlier this week, is that lawmakers and Supreme Court justices could choose from senior attorneys, retired judges, academics, and legal scholars and researchers, then appoint them to the selection committee for a set number of years.

This would theoretically reduce politicization of the selection process, as the members would not be removable and so would not face pressure to please their patrons by voting for or against a specific nominee.

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WATCH: China offers to mediate between Israel and the Palestinian Authority

After brokering talks which led to restoration of ties between Iran and Saudi Arabia, China looks to replace US as mediator of final status talks between Israel and PA.

The post WATCH: China offers to mediate between Israel and the Palestinian Authority appeared first on World Israel News.

Why the Emergence of BRICS Is Reshaping the Global Economy and What It Means for Africa’s Development

African leaders recognize the importance of engaging with the BRICS as a new and dynamic partner for Africa’s development and integration. They are committed to building strategic and sustainable partnerships that advance Africa’s interests and contribute to shaping the future of the global economy in a more equitable and inclusive manner