VALUE OF PROPERTY OWNED BY JEWS FLEEING ARAB COUNTRIES ESTIMATED AT $30 BILLION
Moshe Shachal, who heads the federation of Jews who migrated
from Arab countries, said on Wednesday that the value of property
Jews left behind in these countries between 1922-1952 is
estimated at $30 billion, HA’ARETZ reported.
Shachal said that approximately 850,000 Jews left or were
forced to leave Arab countries during the aforementioned period,
600,000 immigrated to Israel. He added that the majority of them
were forced to leave their homes directly after the establishment
of the state of Israel in 1948.
Shachal also said that his organization is considering a
counter-claim to the demand of Palestinian refugees for
repatriation and compensation. He said that no peace agreement
striving for a settlement in the Middle East should ignore the
rights of the Jews who fled countries such as Iraq, Syria,
Lebanon, Egypt, Libya, Tunisia, Algeria and Morocco.