Axa Insurance Company Will Pay $17 Million To Heirs Of ArmenianGenoc

AXA INSURANCE COMPANY WILL PAY $17 MILLION TO HEIRS OF ARMENIAN GENOCIDE VICTIMS

Pan Armenian
13.10.2005 21:00 GMT+04:00

/PanARMENIAN.Net/ Descendants of Armenians, who had fallen victim of
the Genocide in Ottoman Turkey in 1915, agreed to call back their
collective suit against Axa French insurance company. The latter
agreed to pay $17 million to Armenian philanthropic organizations. The
case was heard at a California court. The plaintiffs accused Axa in
unwillingness to pay insurance sums for their relatives’ killed in the
massacre. One of the lawyers of the Armenian community stated their
ultimate goal is to convince Turkey and US to officially recognize the
Genocide fact, when 1.5 million Armenians were killed, reported BBC.