An Armenian group filed a lawsuit against the U.S. Federal Reserve to force the disclosure of information on gold or other assets seized from Armenians by the Ottoman government in 1915, Hurriyet Daily News& Economic Review writes.
The nonprofit Center for Armenian Remembrance claimed that Armenian assets totaling $8.13 million were seized during the Armenian Genocide.
The money was seized under “a Turkish directive to deem all Armenians’ assets abandoned”, said center’s lawyer Julia Greenberg.
The Turkish government deposited the assets in Germany’s Reichsbank, and they were later taken by the U.S. and other Allied powers at the end of World War I under the Treaty of Versailles, the center said.
