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Court: Armenians Celebrate First Victory Over Turkish Banks

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  • Court: Armenians Celebrate First Victory Over Turkish Banks

    ARMENIANS CELEBRATE FIRST VICTORY OVER TURKISH BANKS

    news.am
    Aug 15 2011
    Armenia

    LOS ANGELES. - Los Angeles Federal Court made the first in history
    decision regarding the lawsuit of descendants of Armenians who
    lost their property during Armenian Genocide filed against Turkish
    government and two Turkish banks - the Central Bank of the Republic
    of Turkey and T.C. Ziraat.

    A group of pontiffs headed by Alex Bakalian accused Turkey of
    confiscating properties and illegal use of lands as a result of the
    Armenian Genocide, Nouvelles d'Armenie reported.

    They demand return of territory which also includes the Incirlik Air
    Base - air base of US armed forces.

    The court ruled that pontiffs' lawyers were denied access to the bank
    Ziraat and were provided with false information. Security officials
    deliberately planned to thwart the process, the court ruled.

    It was noted that Turkey was also recently informed of the trial
    through U.S. Embassy in Ankara and Foreign Ministry. Turkey must
    submit its conclusions by August 19.

    "Banks are trying to complicate the process. Finally, after months of
    maneuvering and numerous attempts to escape the notification, the U.S.

    Federal Court demanded that the banks respond to inquiry of the
    Armenian side," said Vartkes Yeghiayan, one of the lawyers involved
    in the case.


    From: Baghdasarian
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