In an increasingly bitter legal dispute, the Company for Restitution of Holocaust Victims’ Assets will file a NIS 305 million lawsuit against Bank Leumi next week over assets that belong to Holocaust victims and their heirs, a group spokeswoman said Wednesday.

The legal action against Israel’s second largest bank follows years of fruitless negotiations to reclaim the funds that the restitution group said were deposited by Holocaust victims in thousands of bank accounts before World War II.

The NIS 305m. being claimed in the lawsuit, which will be filed in a Tel Aviv court, was deposited by Holocaust victims in more than 3,500 Bank Leumi accounts, group spokeswoman Meital Noy said.

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