Europe South Asia Asia Pacific Americas Middle East Africa BBC Homepage World Service Education

Front Page



UK Politics







Talking Point

In Depth

On Air

Low Graphics

Tuesday, April 27, 1999 Published at 06:28 GMT 07:28 UK

World: Americas

Argentina 'held Nazi gold'

Researchers say they have new evidence of Nazi dealings

Argentina's central bank stands accused of holding Nazi gold after World War II.

Researchers investigating the activities of the Nazis in Argentina say they have obtained a letter signed by the country's former foreign minister, saying he asked for the gold to be deposited in the bank in 1946.

Until then, the money was being held for the Germans by the Swiss embassy in Buenos Aires.

"For the first time we do have Argentine evidence that Argentina was the recipient of Nazi gold," said Ignacio Klich, research co-ordinator of the commission of inquiry on Nazi activities in Argentina.

Nazi asylum

The letter was written in 1955, shortly after the overthrow of Juan Domingo Peron - the populist leader who gave asylum to a number of high-profile Nazi war criminals fleeing prosecution.

The commission of inquiry was created by the government in 1997, in response to accusations that some of the Nazi gold looted from Jewish victims of the Holocaust might have been transferred to Argentina.

The commission's historians have yet to ascertain the amount of the Nazi gold deposited in the central bank, and also lack proof that it was taken from Holocaust victims.

But proof that the gold was looted or formed part of a money-laundering operation would bring Argentina closer to the current debate over reparations to the victims of Nazi Germany.

Advanced options | Search tips

Back to top | BBC News Home | BBC Homepage | ©

Africa | Americas | Asia-Pacific | Europe | Middle East | South Asia

Relevant Stories

24 Dec 98 | Americas
US banks named in Holocaust suit

17 Dec 98 | The Company File
Barclays to compensate Jews

22 Aug 98 | Americas
Holocaust legal action welcomed

06 May 98 | Despatches
'Half-a-million' Holocaust pay out

21 Aug 98 | Europe
Swiss banks dodge sanctions in Holocaust deal

Internet Links

World Jewish Restitution Organisation

Central Bank of the Argentine Republic

The BBC is not responsible for the content of external internet sites.

In this section

From Business
Microsoft trial mediator appointed

Safety chief deplores crash speculation

From Entertainment
Taxman scoops a million

Violence greets Clinton visit

Bush outlines foreign policy

Boy held after US school shooting

Memorial for bonfire dead

Senate passes US budget

New constitution for Venezuela

North Korea expels US 'spy'

Hurricane Lenny abates

UN welcomes US paying dues

Chavez praises 'advanced' constitution

In pictures: Castro strikes out Chavez

WTO: arbitration in EU-Ecuador banana dispute

Colombian army chief says rebels defeated

Colombian president lambasts rebels