The Last Thing for the Victims

From 1948 to 1957, IG Farben i.A. [in liquidation; german i.A. is for in Auflösung] paid 30 million marks annually in pensions to former senior executives, including the defendants at the Nuremberg Trials. Year after year, this was the same sum that had been raised in the 1960s through the Wollheim Agreement.

This agreement between the former IG Farben forced labourer Norbert Wollheim [1913–1998], the Jewish Claims Conference and IG Farben i.A. was only reached following Wollheim’s compensation claim[1] and as a result of international pressure. Around 6,500 former forced labourers of IG Farben received a one-off compensation payment of between 2,500 and 5,000 DM. Further claims are to be settled upon the final liquidation of IG Farben i.A.

On 10 November 2003, its insolvency was announced. Prior to this, a foundation with a capital of 500,000 DM had been established. However, compensation from IG Farben AG i.A. is out of the question. The remaining liquid assets were estimated at 21,000 €. The share price fell by 23 per cent.

The assets of the former I.G. Farben subsidiary Interhandel morally belong to the surviving forced labourers, for they are the group’s most important creditors!
~ Kurt Goldstein, Honorary Chairman of the International Auschwitz Committee, after shareholders associated with another foundation, established shortly before under US law, filed a 2 billion $ lawsuit against the Swiss bank UBS in 2004. The latter had – as ‘Schweizer Bankgesellschaft’ – appropriated the assets of Interhandel, an IG Farben subsidiary.


Notes

[1] Lawsuit filed on 3 November 1951 at the Regional Court of Frankfurt am Main; IG Farben ordered to pay 10,000 DM to Norbert Wollheim on 10 June 1953. See also: Wollheim Memorial


References

The references are taken from the accompanying booklet/reader on which the texts of the posters are based.


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