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ANKARA: Lost Armenian Gold Located By Turkish Historical Society

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  • ANKARA: Lost Armenian Gold Located By Turkish Historical Society

    LOST ARMENIAN GOLD LOCATED BY TURKISH HISTORICAL SOCIETY

    Hurriyet
    June 22 2012
    Turkey

    The Turkish Historical Society has claimed that gold that was obtained
    from the auctioning off of Armenian assets during the Ottoman era was
    seized by Ally forces as war reparations in the aftermath of World
    War I, daily Bugun has reported.

    Around 5 million pieces of Ottoman gold reportedly belonging to
    Armenians who left the empire were taken by Ally forces, possibly by
    Britain, according to a recent two-year study by the society.

    A group of Armenian-Canadians were paid compensation by a British
    bank from the seized fund, which now equals 1.3 million pounds.

    The money was initially transferred to a German bank and was then
    divided between the Allies.

    The U.S. government has been investigating the sources of the transfer
    in the Allies' budget as well, Bugun reported.

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