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BRAMA, September 23, 2002, 3 pm ET

Press Release

IOM Pays Slave Labourers Under Swiss Banks Settlement
436 members of certain persecuted groups have received full payment for their claims

GENEVA, 20 September 2002 - In the framework of its Holocaust Victim Assets Programme (HVAP), the International Organization for Migration (IOM) has completed its third round of payments and has paid another 136 victims their full compensation of US$ 1,000. All beneficiaries performed slave labour under the National Socialist regime and were persecuted by the Nazis for being Roma, Jehovah's Witness, handicapped or homosexual. With that IOM has now made payments to a total of 436 Slave Labour Class I claimants under the Swiss Banks Settlement. Two more rounds of payments are scheduled by the end of the year.

"The first three rounds of claims were relatively quickly resolved due to close coordination with the German Forced Labour Compensation Programme", the Director of IOM's Compensation Programmes Dirk De Winter explained. "We are now looking forward to also start paying members of the Refugee Class within the next months."

IOM is one of the implementing organizations of the Swiss Banks Settlement, an agreement reached between Holocaust survivors and Swiss banks in 1999 that resulted from litigation before the United States District Court for the Eastern District of New York. The US$ 1.25 billion Settlement Fund serves to compensate for deposits in Swiss banks owned by Holocaust victims that were never returned to them or their heirs, and to pay compensation for former slave labourers and certain other victims of the Nazi regime.

IOM pays compensation to Roma, Jehovah's Witnesses, homosexuals, and handicapped persons who were persecuted by the Nazi regime and performed slave labour for German companies (Slave Labour Class I), and to those persons who were either denied entry into Switzerland or admitted but mistreated there as refugees (Refugee Class). IOM also pays compensation to Jewish and non-Jewish victims of Nazi persecution who performed slave labour for certain Swiss companies (Slave Labour Class II). As of the expiration of the filing deadline on 31 December 2001, IOM had received a total of 22,910 claims: 11,960 for Slave Labour Class I, 10,751 for Slave Labour Class II and 199 Refugee Class claims.

Ukrainian Forced/Slave Labor
Class Action Litigation
Present status of the German settlement
· German Settlement Documents
· International Organization for Migration (IOM) Forced Labor Website IOM Holocaust Victim Assets Programme (Swiss Banks) and German Forced Labour Compensation Programme

· Austrian Settlement Documents
· Austrian Application Notice

· Forced/Slave Labor Homepage
· Brama's UkraiNewstand
· News and Related Forced Labor & Holocaust Assets sites
Press Releases
· Sep 27 02 - US Court Increases Payments Under Swiss Banks Settlement; IOM will increase by 45% the amounts distributed to members of Slave Labour Class I and the Refugee Class [IOM]
· Sep 23 02 - IOM Pays Slave Labourers Under Swiss Banks Settlement: 436 members of certain persecuted groups have received full payment for their claims [IOM]
· Jul 26 02 - Extended Hotline Hours Improve IOM Service for German Forced Labor Claimants [IOM]
· Jun 15 02 - 17,000 slave and forced laborers worldwide have received first payments through IOM [IOM]
· Feb 7 02 - Many Claimants Lack Sufficient Documentation [IOM]
· Feb 1 02 - UECC (Philadelphia) is processing applications for Austrian Compensation
· Jan 30 02 - IOM paid almost 10 percent of presumably eligible claims
· Aug 22 01 - New Filing Deadline For Claims Under Swiss Banks Settlement
· May 10 01 - Judge Kram grants Central and East European countries request for emergency relief
· Mar 13 01 - IOM is ready to make payments but Recent US Court decision may further delay compensation
· Mar 7 01 - Judge’s decision not to dismiss Holocaust banking cases should not deter forced laborers from filing applications
· Mar 7 01 - U.S. Court Decision on Holocaust-Era Payments
· Jan 17 01 - Ukrainian American lawyer receives Presidential recognition
· Oct 29 00 - Austrian Forced Labor Compensation Agreements Signed
· Oct 29 00 - Deputy Minister for Foreign Affairs of Ukraine Maidannyk's speech at the signing of the Ukrainian-Austrian agreements
· Oct 18 00 - Update on German and Austrian Forced Labor Class Action Litigation
· Oct 18 00 - Остання інформація стосовно проблеми вирішення колективного позову, заявленого колишніми примусовими працівниками (UkrCP1251)
· Jul 19 00 - Forced/Slave Labor Accord Signed After Lengthy Negotiations
· May 22 00 - Austrian Forced Labor Negotiations Progress Quickly
· Apr 21 00 - Questions regarding applying for forced labor compensation
· Jan 5 00 - Slave/forced Labor Settlement Reached
· Nov 30 99 - German Forced Labor Settlement at a Crossroads
· Oct 10 99 - Germans offer 6 Billion Marks as compensation to WW II victims
· Sept 15 99, Press Release - Appeal to Ukrainian Forced/Slave Laborers
· Aug 15 99, Press Release - Ukrainian Forced/Slave Labor Class Action Litigation
· Aug 12 99, Press Release - Reparations Sought by Ukrainian Slave Laborers

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