Audits ordered by the Swiss government of dormant accounts between 1962 and 1995 showed a total of US$32 million (in 1995 terms) in unclaimed war-era accounts. However, during the negotiations, the Swiss banks agreed to commission another audit of wartime accounts, headed by former US Federal Reserve Chairman Paul Volcker. The Volcker Commission report concluded that the 1999 book value of all dormant accounts possibly belonging to victims of Nazi persecution that were unclaimed, closed by the Nazis or closed by unknown persons was CHF 95 million. Of this total, CHF 24 million were "probably" related to victims of Nazi persecution.