Israel is preparing to demand compensation totaling a reported $250 billion from seven Arab countries and Iran for property and assets left behind by Jews who were expelled or forced to flee those countries following the establishment of the State of Israel.

“The time has come to correct the historic injustice of the pogroms (against Jews) in seven Arab countries and Iran, and to restore, to hundreds of thousands of Jews who lost their property, what is rightfully theirs,” Israel’s Minister for Social Equality, Gila Gamliel, who is coordinating the Israeli government’s handling of the issue, said on Saturday.

According to figures cited by Israel’s Hadashot TV news, compensation demands are now being finalised with regards to the first two of the eight countries involved, with Israel set to seek $35 billion dollars in compensation for lost Jewish assets from Tunisia, and $15 billion dollars from Libya.

In total, the TV report said Israel will seek over $250 billion from those two countries plus Morocco, Iraq, Syria, Egypt, Yemen and Iran.

Justice for Jews from Arab Countries (JJAC), an international umbrella group of Jewish community organizations, has estimated that some 856,000 Jews from 10 Arab countries — the other two were Algeria and Lebanon — fled or were expelled in 1948 and after, while violent Arab riots left many Jews dead or injured.

For the past 18 months, utilising the services of an international accountancy firm, the Israeli government has quietly been researching the value of property and assets that these Jews were forced to leave behind, the TV report said.

It is now moving toward finalising claims as the Trump Administration prepares for the possible unveiling of its much-anticipated Israeli-Palestinian peace proposal. A 2010 Israeli law provides that any peace deal must provide for compensation for assets of Jewish communities and individual Jews forced out of Arab countries and Iran.

“One cannot talk about the Middle East without taking into consideration the rights of the Jews who were forced to leave their thriving communities amid violence,” said Gamliel.
“All the crimes that were carried out against those Jewish communities must be recognised.”

The Palestinian Authority has sought over $100 billion in compensation from Israel for assets left behind by Arab residents of what is today Israel who fled or were forced to leave at the time of the establishment of the Jewish state, and presented documentation to that effect to the United States a decade ago, the TV report said.

The Palestinians have also always demanded a “right of return” to what is today’s Israel for the few tens of thousands of surviving refugees and for their millions of descendants. This demand would spell the end of Israel as a Jewish state and has been dismissed by successive Israeli governments.

Israel has never formally demanded compensation for Jews forced out of Arab lands and Iran, and although many of those Jews arrived in Israel with next to nothing, they did not seek formal refugee status from the international community.

Monies obtained from the eight countries would not be allocated to individual families, the TV report said, but would rather be distributed by the state via a special fund. Gamliel is coordinating the process, together with Israel’s National Security Council, which works out of the Prime Minister’s Office.