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8 Million USD To The Relatives Of The Victims Of The Genocide

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  • 8 Million USD To The Relatives Of The Victims Of The Genocide

    8 MILLION USD TO THE RELATIVES OF THE VICTIMS OF THE GENOCIDE

    A1+
    [07:09 pm] 13 November, 2006

    Insurance company "New York Life" started to make payments of
    compensation to more than two thousand heirs of the victims of the
    Armenian Genocide.

    "New York Life" has agreed to make payments to the heirs of those
    Armenians who had insured their lives in the company and fell victims
    to the Armenian Genocide.

    According to advocate Vardges Eghiazaryan, the corresponding committee
    of the insurance company accepted 2515 of the total 5692 letters and
    started to send them the money last Sunday, Radio station "Azatutyun"
    informed.

    Vardges Eghiazaryan said that the people living outside Armenia will
    get the cheques by mail. As for Armenia, the company has an agreement
    with one of banks which will transfer the money.

    3 million 600 thousand has been sent to Armenia where 1254 people
    will get their shares. 2 million 700 thousand has been sent to the
    USA for 896 people. The third is France and the forth is Canada. On
    the whole, Armenians will get money is 26 countries.

    The whole sum to be paid is 7 million 954 thousand USD. About 3
    million USD will remain which will be sent to charity organizations.
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