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Albanian crisis in the 1940's

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morbidstorm | 17:08 Thu 18th Jan 2007 | History
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My Grandad told me that he joined the navy just after WW2, and he told me of a situation just after WW2 about a British Naval vessel being sunk by a mine off the coast of Albania. As retaliation (for not appologising) their gold bullion was confiscated by Britain (and the USA) or their gold reserves or something like that. I cannot find anything about this situation and now i am not sure if it happened!

My Grandad told me this story about 10-15 years ago, but unfortunatly he passed away 5 years ago.

Can anybody help?
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This seems to be the incident your Grandad told you about:

http://www.navynews.co.uk/articles/2006/0611/0 006112301.asp
The Albanian gold held by the Tripartite Gold Commission after the "Corfu Channel Incident" of 22nd October 1946, was transferred to the Government of Albania on 29th October 1996; at the same time, the Government of Albania settled the British Government's claim for compensation.
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Thanks a lot guys!

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