The US Senate Budget Committee released an investigation in which Swiss bank Credit Suisse served the accounts of high-ranking Nazis through 2020. The data appeared on the committee’s website on Tuesday.
The investigation was launched following a statement from the Simon Wiesenthal Center in 2020. It claimed that Credit Suisse accounts held funds seized from Jews.
“Credit Suisse appears to have serviced the accounts of…at least 99 individuals who were either senior Nazi officials in Germany or members of Nazi-linked groups in Argentina,” reads the committee’s investigation.
It should be noted that 70 accounts linked to Nazis living in Argentina were opened after 1945. At the same time, at least 14 of them remained open in the 21st century, and some even in the time of 2020. one of the accounts, which remained open until 2002, belonged to a Nazi commander convicted during the Nuremberg trials, another to a convicted SS officer.
The committee pointed out that Credit Suisse Group had failed to properly conduct its own investigation. In particular, an outside lawyer whom she had appointed to oversee the process was subsequently removed. The commission was only able to obtain a public report on the findings of the investigation after going to court, while Credit Suisse still opposes the publication of this information. The bank also excluded accounts opened by people from certain geographic regions, such as Bolivia, from verification, and declined to know whether Nazi heirs attempted to access the accounts.
According to the facts revealed, it was decided to carry out an additional check. Experts will determine the value of assets in the accounts and examine Credit Suisse’s alleged support of Nazi fugitives after the end of World War II, the Senate committee said.
In March, the 166-year-old bank Credit Suisse went bankrupt, gobbled up by Switzerland’s largest bank UBS with the backing of the Swiss government.
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