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



Front Page

World

UK

UK Politics

Business

Sci/Tech

Health

Education

Sport

Entertainment

Talking Point

In Depth

On Air

Archive
Feedback
Low Graphics
Help

Wednesday, August 18, 1999 Published at 19:55 GMT 20:55 UK


World: Europe

Fund for Nazi slave labourers

Pickets carried banners saying "No forgiveness"

Shareholders of the German chemical company, IG Farben, have voted to go ahead with plans for a compensation fund for former slave labourers under the Nazis.

The chemical giant made Zyklon-B, the gas used to kill Jews in the concentration camps.

Shareholders at a meeting in Frankfurt voted to set up a million pound fund to pay several hundred survivors.


[ image: Shareholders have bowed to pressure]
Shareholders have bowed to pressure
The first payments will go to former slave labourers over 80 who were at the Auschwitz death camp.

But Holocaust survivor groups called the company's offer "ridiculously low."

Peter Gingold, an 83 year old survivor, said: "Regardless of the fund, there will be no peace with IG Farben. The company's shares are sticky with blood."

Although it is no longer trading, protesters want the company wound up and its assets, worth more than $11m, distributed between the victims of its wartime activities.

Shareholders' meetings have sparked regular protests in recent years.


[ image: Former slave labourers will get the first payments]
Former slave labourers will get the first payments
After the war, the allies split the firm up into several other chemical companies but IG Farben remained, dealing mainly in property.

At Auschwitz, IG Farben ran a slave labour plant using 83,000 people at its peak in 1944.

Pressure on IG Farben has grown since last year when major German companies set up a compensation fund in the hope of stopping legal action in the United States.



Advanced options | Search tips




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




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



Relevant Stories

07 Aug 99 | UK
First UK payouts for Nazi victims

29 Jun 99 | World
Holocaust fund appeals for Nazi victims

07 May 99 | The Company File
Holocaust insurance pay-out





Internet Links


Holocaust Memorial Museum

Simon Wiesenthal Centre


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




In this section

Violence greets Clinton visit

Russian forces pound Grozny

EU fraud: a billion dollar bill

Next steps for peace

Cardinal may face loan-shark charges

From Business
Vodafone takeover battle heats up

Trans-Turkish pipeline deal signed

French party seeks new leader

Jube tube debut

Athens riots for Clinton visit

UN envoy discusses Chechnya in Moscow

Solana new Western European Union chief

Moldova's PM-designate withdraws

Chechen government welcomes summit

In pictures: Clinton's violent welcome

Georgia protests over Russian 'attack'

UN chief: No Chechen 'catastrophe'

New arms control treaty for Europe

From Business
Mannesmann fights back

EU fraud -- a billion-dollar bill

New moves in Spain's terror scandal

EU allows labelling of British beef

UN seeks more security in Chechnya

Athens riots for Clinton visit

Russia's media war over Chechnya

Homeless suffer as quake toll rises

Analysis: East-West relations must shift