Boston, Thursday, May 17, 2001
http://www.boston.com/dailynews/137/nation/Report_Holocaust_panel_spends_:.shtml Report:
Holocaust panel spends $30 million to
award $3 million Associated
Press LOS ANGELES (AP) -- An
international commission created to
resolve Holocaust-era insurance disputes
has reportedly spent more than $30 million
on salaries, hotel bills and newspaper ads
while distributing only $3 million to
claimants. Internal documents obtained by the Los
Angeles Times show that the International
Commission on Holocaust Era Insurance
Claims realizes it is coming under
fire. "ICHEIC is at risk of facing increasing
criticism, focusing on the low proportion
of our claimants who have received offers
..." commission vice chairman Geoffrey
E. Fitchew wrote in an internal
memorandum in January. Commission President Lawrence S.
Eagleburger acknowledged those
concerns in an interview with the
newspaper. "I will be the
first to admit that given the amount we
have spent so far, the result in claims
paid out is by no means as high as it
should be," said Eagleburger, a former
U.S. secretary of state who draws
a
$350,000 annual
salary as
commission president. The documents show that since 1998 the
commission has held at least 18 meetings
with up to 100 participants at hotels in
London, Jerusalem, Rome, Washington and
New York. The commission is a private
organization created in 1998 by U.S. and
European insurance regulators, Jewish
organizations and European insurers
flooded by a lawsuits for allegedly
failing to pay valid claims lodged by
Holocaust survivors or their heirs. In a related development, the House of
Representatives on Wednesday approved an
amendment to the State Department budget
providing the department will review the
commission's claims. "ICHEIC is not doing the job Congress
expected it to do and I intend to ensure
that is has fair procedures and is
accountable to Holocaust survivors," said
Rep. Henry Waxman, D-Calif. The commission is not regulated by any
governmental agency and makes independent
spending decisions. Nearly all the commission's funding is
provided by its five European insurance
company members. On the Net:- ICHEIC: http://www.icheic.org/
Related
items on this website: - Norman
Finkelstein ("The Holocaust Industry")
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