Time to open the books

Herbert Carson  |  Features
Date posted:  1 Feb 1998
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The Swiss banks have been in the news - and rightly so! The issue is the disappearance of Jewish gold. Huge quantities were stolen by the Nazis during the holocaust. They even removed gold rings and teeth fillings from the victims of Nazi brutality.

There was also the question of secret deposits of gold by Nazis who saw Switzerland as a safe place for their deposits which could be a source of wealth when the Third Reich collapsed. There were also deposits made by Jewish investors who, before the full fury of the holocaust, could see the confiscation of their savings and wanted to make provision for the future peace, which, sadly, was to be too late for them and the millions of Jews who were slaughtered.

Vatican bank

Swiss bankers have been forced to open their books to expose the enormity of the crime. But it began to emerge that other countries were involved and pressure for disclosure was directed against other financial agencies. This included the Vatican bank. The response of the Vatican was a refusal to open their books. That, of course, does not automatically point to a verdict of guilty, but it does at least raise serious doubts! Those doubts become even more insistent when we look at the Vatican's past history of collusion with the Nazis and the subsequent history of the Vatican bank.

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