Switzerland's Nazi Gold Shame
In early 2025, hidden Nazi bank accounts were discovered in Swiss banks. A new twist on a shameful and controversial page of Swiss history: its role played in managing the gold looted by the Nazis from the victims of the Shoah. During the war, Switzerland purchased massive amounts of gold from the hands of the Third Reich. By accepting money from the Nazis, Swiss banks defied ethics in the name of profit. Worse, they kept this gold until the 1990s when, under international pressure, they were forced to return it. Collective denial of responsibility, economic complicity with criminals, obstacles around the lack of transparency of bank archives: these are the reasons why, even today, bank accounts linked to Nazi stolen gold still make headlines. The scandal continues...
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