Thread by @FitzChivalry14

Meet the Wallenberg family. Learn about how they assisted the #Nazi regime through their Business Empire. You'll notice, Jacob Wallenberg lived to the ripe, old age of 88yo. Continued to enjoy the wealthy elites life. For they get away with anything.

The Wallenbergs SKF, supplied the #Nazis with ball bearing & ball bearing machines. Most strategic contribution to war production. Right up until 1945.

Another example of the support the #Nazis received from the Wallenbergs Norsk Hydro. At the plants in Rjukan, Norway, with Swiss firm, Escher-Wyss, (another I need to look at) they cooperated on the Nazi-Germany nuclear weapons programme.
#WW2

You'll also notice that Wallenbergs, Norsk Hydro, co-owned the aluminium factory in Herøya with IG Farben and the German State.
Note it says at least 25% of the workforce were forced labourers. At the same time, Swedish technicians worked on site.
#WW2

Stockholms Enskilda Bank functioned as a purchasing agent for Bosch corporation one of the largest suppliers to Hitler. Beginning in 1939, the Enskilda Bank bought 8 Bosch companies in neutral countries, plus the majority of shares in the American Bosch Company.

The Stockholms Enskilda Bank had a business settlement to designate buyers if the companies were to be resold. In return, Bosch promised to help them with the German Government securities worth 15 million. In addition they also gave a premium of 2.7 million.

You'll notice that the acquisition of American Bosch was the largest deal, 12.4 million. In practice, the Bosch Group gained full control of the subsidiary through the business settlement.

The Wallenbergs also did business with IG Farben owning a large number of shares in the parent company, which owned the concentration camp Monowitz, Auschwitz III. The IF Farben Patent was hidden in Sweden.
#WW2

As you can see, the Wallenbergs barely received a slap on the wrist for their extensive dealings with the #Nazi regime. The US authorities lifted a blockade on the Enskilda Bank in 1947.
To this day the Wallenberg Empire flourishes.

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