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Grassley: Investigation shows Nazi-tied money is still held in Swiss bank

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December 5th, 2023 by Ric Hanson

(Radio Iowa) – Iowa Senator Chuck Grassley says new investigations show money may still be hidden that German government and military leaders stole during the wartime years of the early 1940s. Grassley, who serves on the U-S Senate Budget Committee, says he’s stunned there’s still some plundered funds that haven’t been returned to the ancestors of those who likely died in concentration camp gas chambers.

In 2020, Grassley says Credit Suisse (SWISS) was given credible information that it was holding Nazi-linked accounts. An ombudsman was hired who turned up evidence, who Grassley says was then fired. The bank has rehired the ombudsman so he can, in Grassley’s words, dig deeper into the “troubling details” of the bank’s history.