Turkish Union Plans Demonstrations against French Insurer

(AFP)–A powerful civil servants’ trade union announced that it plans to hold demonstrations across Turkey next week to protest a decision by French insurer AXA to compensate heirs of Armenian genocide victims.

"We have made a decision to hold demonstrations in Turkey’s 81 provinces starting from next week," Memur-Sen chairman Ahmet Aksu said. He expects the protests–to be held outside AXA offices–to draw thousands of participants.

Last month Memur-Sen appealed to its 200,000 members to boycott AXA. The French company unleashed a wave of anger in Turkey after it agreed last month to settle a class action lawsuit filed by descendants of Genocide victims for $17 million.

AXA maintains that its decision was neither political nor amounted to a recognition of the Genocide.

The deal also dealt a blow to OYAK–an industrial venture representing the Turkish army pension fund–which has been AXA’s partner in Turkey since 1999.

Authors

Discussion Policy

Comments are welcomed and encouraged. Though you are fully responsible for the content you post, comments that include profanity, personal attacks or other inappropriate material will not be permitted. Asbarez reserves the right to block users who violate any of our posting standards and policies.

*

Top