Monday, August 15, 2011

Armenians celebrate first victory over Turkish banks

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.
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