IG Farben to be dissolved

Categories

Health Freedom

BBC News 17 September 2001

http://news.bbc.co.uk/1/hi/business/1549092.stm

Amid scuffles between protestors and security guards, Germany's IG Farben, the company that made the Zyklon-B gas used in the Nazi death camps, has announced it will be dissolved by 2003.

The company's shares continue to trade on the German stock exchange even though it went into liquidation in 1952.

IG Farben has been heavily criticised for not paying any compensation to former Nazi slave labourers after hundreds of Germany's leading industrial companies contributed to a 10bn Deutschmark fund this year.

The company's lawyers blame lengthy legal disputes with former slave workers for holding up the dissolution of the company and the distribution of its assets to the victims.

Most of the company's assets were confiscated after World War II and were transferred to four big German corporations: Bayer, Hoechst, Agfa and BASF.

For sale

The company now essentially exists as a trust for what remains of IG Farben's assets.

Chief liquidator Otto Bernhardt said on Monday that a possible buyer had been found for the company's property portfolio, which makes up the bulk of its remaining 21m DM (£6.7m; $10m) of assets.

Liquidators also announced the company had founded a 500,000 DM (£160,000; $233,000) foundation for former slave labourers under the Nazis.

At the height of its production in 1944, IG Farben ran a slave labour plant at Auschwitz using 83,000 people.

Slave labourers in Western Europe who were forced to work at IG Farben plants by the Nazis received compensation in the 1950s.

The company's annual meeting on the outskirts of Frankfurt attracts hundreds of protestors every year.

 

---

mandato da Robin Good il Sunday October 17 2004
aggiornato il Sunday September 24 2006

Print this article

TrackBack

URL of this article:
http://www.newmediaexplorer.org/emma_holister/2004/10/17/ig_farben_to_be_dissolved.htm

Related Articles

Cartoons on Candida International
After a break of a year and a half, I'm happy to announce that Candida International is back, this time with my 'Doctoring Business' cartoons. My aim is to do regular but not excessive posts that provide helpful information on the iatrogenic (doctor induced) illness Candida and on Health Freedom issues. Moreover, I will be including cartoons in most of my posts in order to provide a little comic relief... [continua a leggere]
September 28, 2006 - Emma Holister

The Ghost Lobby - New Labour and the Pharmaceutical Industry
By Martin Walker "The involvement of pharmaceutical companies with government agencies has allowed the industry to develop a unique system of protection for its products, from suggested production, through licensing, and finally to its 'no fault' compensation scheme, which stops claimants from taking their cases to court. . . . . . . The last decade has seen the emergence of an increasingly special relationship between the government and the... [continua a leggere]
December 21, 2004 - Robin Good

ANH Photo Album of UK Court Victory January '04
It is great news that The Alliance for Natural Health's lawsuit to stop the EU ban on supplements, won in its first stage in the UK Royal Courts of Justice earlier this year, has just been given a date in January 2005 for the hearing in the European Court of Justice. This is stage two, the final and decisive date. We cannot succeed without your help. It is also vital... [continua a leggere]
December 10, 2004 - Robin Good

	"Art does not reproduce the visible; rather, it makes visible." Paul Klee 1879-1940

Medical Disclaimer: The information on this site is not a substitute for medical advice.