Armenian geologist Suren Ayvazyan was certain that United Kingdom owed Armenia billion in unknown currency. According to some information and him particularly, in 1378 the king of Armenian Kingdom Cilicia Leo V (Levon V, occasionally Levon VI) transferred the treasury of the kingdom to the King of England Edward III for safekeeping.
Two monarchs signed an agreement according to which England was obliged to return the treasury as soon as Armenia regained its independent statehood.
Ayvazyan considered that for at least 600 years England and then United Kingdom have in any possible way prevented the recovery of Armenian sovereignty to avoid the repayment of kept wealth.
Professor then argued the reason of the choice of England’s king as the keeper of Armenian fortune. Based on his researches in fields of archeology, linguistics and history Ayvazyan concluded that Celtic Britons moved to British Isles from area named Angl-tun in the province Sophene of Armenian Kingdom in 15th-10th centuries BC. Angl-tun was located in hard-to-reach mountain regions and was used as a storage for the wealth of Armenian Kingdom of Cilicia. In his works Ayvazyan refers not only to Armenian but English sources as well.
In 2001 Suren Ayvazyan expressed his ideas and demands in a letter to the Queen of the United Kingdom Elizabeth II. He hoped as well that the descendant of the Lusignan dynasty Louie Lusinyan, who lived in London at that moment, would also be interested in the retrieval of Armenian wealth.
If the contract between monarchs existed and survived to the present day, Armenian side will have to face some juridical problems in the regard of retrieval of the treasury. A significant task would be to show the connection between Armenian Kingdom of Cilicia and today’s Republic of Armenia for the latter to be proven to be the actual assignee of the kingdom.
To tell the truth, even in that case it would be quite difficult to recover those resources as it would surely be disadvantageous for the government of the United Kingdom. The treasury must have really come in handy to them as some “free” resources, and it probably won’t be given back so easily.