THE PRESIDENT: And were they?
SEYSS-INQUART: No, I received no decision. This property must have remained in the Netherlands in some form of securities, probably in treasury bonds.
THE PRESIDENT: You were the Reich Commissioner for the Netherlands, weren’t you? What happened to the money?
SEYSS-INQUART: The money was deposited in a bank account, and perhaps Dutch treasury bonds were bought. It was treated as a separate fund, and it was not used.
THE PRESIDENT: But this was all in 1940, wasn’t it?
SEYSS-INQUART: I estimate that the liquidation continued until the year 1942, and from that period on the money remained in a bank account.
THE PRESIDENT: What was the bank?
SEYSS-INQUART: That I cannot tell you, Mr. President. But there is no doubt that the Dutch have ascertained this.
THE PRESIDENT: And when you said it was confiscated in the first few months, you meant in 1940, did you?
SEYSS-INQUART: Yes, immediately after the invasion.