HEIRS OF VICTIMS OF ARMENIAN GENOCIDE TO RECEIVE COMPENSATION OF ABOUT $8 MILLION
By Aghavni Harutyunian
AZG Armenian Daily
10/11/2006
This week, the heirs of the victims of the Armenian Genocide
will receive about $8 million of compensation from New York Life
insurance company. According to the press release disseminated by the
company, about 2500 people will get $7 million 954 thousand 362. This
compensation sum will amount to $10 million as a result of the court
investigation instituted since 1999. Besides, about $3 million were
already sent to various Armenian benevolence organizations.
According to the geography, the heirs dwelling in Armenia will
receive about $3,7 million, the American-Armenians will get $2,7
million of compensations, while the French Armenians will get about
$650 thousand. In general, Armenians dwelling in 26 countries will
get the compensations.