By DAN IZENBERG

The High Court of Justice on Thursday rejected a petition accusing the Company for Location and Restitution of Holocaust Victims Assets of breaking the law by allocating funds to organizations that were not solely dedicated to the welfare of Holocaust survivors.

The petition was filed in 2008 by The Fund on Behalf of Holocaust Victims in Israel, which was established in 1991 by the umbrella organization of survivors groups.

The petitioners accused the company, in 2008, of taking NIS 25 million in funds it had collected from the assets of Holocaust victims whose heirs could not be found, and allocating this money to nine organizations, most of which did not help only survivors. The recipient groups included a non-profit organization for dental care, the Latet philanthropic organization, Eshel, which provides elderly care, Law in the Service of the Elderly, and Meir Panim.

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