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Bad Credit Credit Creditres A lawsuit filed Tuesday in the New York District Court demands reparations from 20 banks and corporations that supplied critical support to the apartheid regime that ruled South Africa until 1994.

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Bad Consolidation Credit Debt The case -- filed in the name of the Khulumani Support Group, engaged in counseling more than 32,000 South Africans hurt by apartheid -- seeks compensatory and punitive damages from a host of multinational corporations.

Victims of apartheid are demanding $50 billion from American and Swiss banks in compensation for profiteering from the "blood and misery" caused by white South Africa. - which was filed on June 16, - accuses Swiss companies, Credit Suisse and UBS, and U.S.- imposed economic sanctions. The suit is spearheaded by Ed Fagan, a U.S. lawyer who forced Swiss banks to pay $1.25 billion to World War II victims of the Nazi Holocaust in 1998.

Bad Company Credit Repair These include U.S. giants IBM, General Motors, Exxon Mobil, J.P Morgan Chase, Citigroup, Caltex Petroleum Corporation, Ford Motor Company, and the Fluor Corporation. All of these groups have been asked to provide generous compensation to help "heal the damage" caused by apartheid, according to the Apartheid Debt and Reparations Campaign, one of the groups behind the lawsuit.

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Bad Card Credit Credit "The corporations aided and abetted a crime against humanity whose persistent social damage requires urgent repair," charged Jubilee South Africa, another supporter.

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Bad Car Credit Loan The suit charges IBM and Fujitsu ICL with supplying technology for white South African authorities to create "passbooks" for the black population that were used to control their movement, employment, and residence.

Bad Credit Loan Mortgage The amount of damages being sought was not specified in the court document, but the damage could be "in the billions," according to Jubilee South Africa spokesman Neville Gabriel.

Auto Bad Credit Loan Contacted by phone Tuesday evening, an IBM spokeswoman said she had no details on the suit, but on the basis of news reports, IBM believed it "has no merit." According to media reports, other firms too are denying responsibility.

Bad Credit Mortgage Refinance The suit charges financial institutions like Citicorp with culpability for lending funds used to bolster police and armed forces under the racist regime. It claims that arms manufacturers and oil companies violated internationally agreed embargoes on sales to South Africa.

Bad Credit Refinance The class-action suit filed by Washington-based firm, Cohen, Milstein, Hausfeld and Toll, is based on the Alien Tort Claims Act, which grants U.S. courts jurisdiction over certain violations of international law, no matter where they occur.

Bad Credit Mortgage Second Lead counsel on the case, Michael D. Hausfeld, called South Africa's apartheid regime an "institutionalized system of racial disenfranchisement." He declared that the current suit "seeks a measure of justice from those entities which aided or abetted the commission of this atrocity."

Bad Credit Loan Student "Apartheid could not have been maintained in the same manner without the participation of the defendants," the law firm said Tuesday in a statement explaining the case.

Bad Card Credit According to grisly accounts by plaintiffs and family members, extra-judicial killings, torture, and arbitrary detention -- recognized as violations of international law -- were regularly practiced by the apartheid regime between 1948 and 1993.

Bad Credit Financing Teenagers in the marketplace were reportedly shot by soldiers, parents cold-bloodedly murdered by the police in their homes, while suspected black members of the apartheid resistance were brutally tortured in prison.

Bad Credit Home Loan Mortgage Apartheid ended in 1994 when former political prisoner, Nelson Mandela, was elected president. But, argues the Khulumani Support Group, the regime and its supporters have never been held accountable for their actions.

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