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After World War II, Genoud served as the financial advisor to the Grand Mufti. In 1958, the Swiss Nazi set up the Arab Commercial Bank in Geneva to manage the war chest of the Algerian National Liberation Front, whose partisans were fighting to free their country from French colonial rule. Several Third Reich veterans, including Maj. Gen. Otto Ernst Remer, who had served as Hitler's bodyguard, smuggled weapons to the Algerian rebels, while other German advisors provided military instruction. Under the guise of supporting the Arabs' struggle against French colonialism, Genoud and his Nazi cohorts were following the same geopolitical strategy that Hitler had pursued in the Middle East.
Organisation de l'armée secrète
The Organisation de l'armée secrète (OAS; Secret Army Organization) was a short-lived French right-wing terrorist group formed in February 1961 to resist the granting of independence to the French colony of Algeria (Algérie française). . .By terrorist acts and assassinations (Mouloud Feraoun) they, like the Front de libération nationale (FLN), attempted to alter the events of the Algerian War. Both groups were considered terrorist organizations trying to encourage change. . .The main hope of the OAS was to provoke the FLN into restarting military action after a cease-fire was agreed in the Evian Accords of March and the referendum of June 1962; over 100 bombs a day were detonated by the OAS in March.