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TURKISH BANKS SEND DEFENSE STATEMENT AGAINST AMERICAN ARMENIANS' COMPENSATION LAWSUIT
news.am
Sept 27 2011
Armenia
ISTANBUL. - After receiving a protest note from the American side,
Turkey's Bank of Agriculture and Central Bank sent their defense
statement to California Federal Court, where the heirs of Armenian
Genocide survivors have filed compensation lawsuits against these
banks.
The joint defense statement notes that the Bank of Agriculture and
the Central Bank do not bear any responsibility for the property
seized from the Armenians in 1915 because the Republic of Turkey was
established in 1923, Turkey's Haberturk daily writes.
The lawsuit, which was filed past year against these banks and under
American Armenian Alex Bakalian's guidance, states that in 1923 the
lands-in Adana, Turkey-belonging to their families were transferred
to the Bank of Agriculture. On one of the 4 plots of these lands the
Incirlik military base was built, which is leased to US. The lawsuit
demands the value of these lands, which comprise $63 million US,
and part of the income received from the lease of Incirlik, which
totals $100 million.
news.am
Sept 27 2011
Armenia
ISTANBUL. - After receiving a protest note from the American side,
Turkey's Bank of Agriculture and Central Bank sent their defense
statement to California Federal Court, where the heirs of Armenian
Genocide survivors have filed compensation lawsuits against these
banks.
The joint defense statement notes that the Bank of Agriculture and
the Central Bank do not bear any responsibility for the property
seized from the Armenians in 1915 because the Republic of Turkey was
established in 1923, Turkey's Haberturk daily writes.
The lawsuit, which was filed past year against these banks and under
American Armenian Alex Bakalian's guidance, states that in 1923 the
lands-in Adana, Turkey-belonging to their families were transferred
to the Bank of Agriculture. On one of the 4 plots of these lands the
Incirlik military base was built, which is leased to US. The lawsuit
demands the value of these lands, which comprise $63 million US,
and part of the income received from the lease of Incirlik, which
totals $100 million.