HÜRRİYET

Diaspora's insurance game:

June 12, 2003-HURRIYET said: "The Armenian diaspora in the U.S. which produces plot after plot to push Turkey into a corner, is now planning to pull a terrific compensations trick. A 100-YEARS-OLD AFFAIR: Ercument Kilic, chairman of the Turkish-American Assemblies, says that the insurance policies bought by Armenians during the Ottoman era are now in the hands of a number of American and French companies. THE STATUTE OF LIMITATIONS PROBLEM: Kilic says, 'The policy figures add up to trillions of lira. In the past, it was being stated that these policies were no longer valid due to the statute of limitations. However, California Governor Davis has announced that the statute of limitations will not apply to this issue.' UNLESS MEASURES GET TAKEN: Kilic says that unless effective measures get taken without delay the Armenians might seek 'genocide compensation' from the insurance companies and the latter from Turkey, compensation amounting to trillions of lira."