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Turkey to be sued by Cypriot firm for USD 10 billion!
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Bullika
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PostPosted: Tue Mar 14, 2006 2:51 am    Post subject: Reply with quote

De_La_Soul wrote:
Exactly, the overthrowing of Ioanides was already in effect before the first invasion. By the time Turkey invaded again August, the Junta was out...but Turkey still decided to invade. The Sampson regime was disbanded before the second invasion in August. So why invade again? It was clear to see the Junta was overpowered by the first invasion.


The "invasion" or intervention as I prefer to call it, gave it a final push, without which it wouldnt have happened.
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De_La_Soul
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PostPosted: Tue Mar 14, 2006 2:56 am    Post subject: Reply with quote

yeah right...'Intervention' as you like to call it because you are blinded by propaganda. The whole world see's it as an invasion...the ECHR see it as an invasion...but you can call it an 'intervention' if you like.

GREAT! So what you saying is we should thank Turkey for invading because that was the reason why the Greek people overthrew the Junta and not because they were living under a military regime. THANK YOU TURKEY ONCE AGAIN!!!
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Bullika
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PostPosted: Tue Mar 14, 2006 3:02 am    Post subject: Reply with quote

De_La_Soul wrote:
yeah right...'Intervention' as you like to call it because you are blinded by propaganda. The whole world see's it as an invasion...the ECHR see it as an invasion...but you can call it an 'intervention' if you like.

GREAT! So what you saying is we should thank Turkey for invading because that was the reason why the Greek people overthrew the Junta and not because they were living under a military regime. THANK YOU TURKEY ONCE AGAIN!!!


well thats right.
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De_La_Soul
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PostPosted: Tue Mar 14, 2006 3:03 am    Post subject: Reply with quote

lol...amazing...and this guy just told me he was smart.
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Bullika
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PostPosted: Tue Mar 14, 2006 3:05 am    Post subject: Reply with quote

Well its my opinion, you dont have to agree with it. Nothing is stopping you from disagreeing with it.
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Eric Dayi
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PostPosted: Tue Mar 14, 2006 3:20 am    Post subject: Reply with quote

De_La_Soul wrote:
The Junta in Greece was overthrown before the invasion. Infact, the Sampson regime was finished a week before Turkey invaded. Stop trying to legalise something that is blatently immoral.





De_La_Soul wrote:
Exactly, the overthrowing of Ioanides was already in effect before the first invasion. By the time Turkey invaded again August, the Junta was out...but Turkey still decided to invade. The Sampson regime was disbanded before the second invasion in August. So why invade again? It was clear to see the Junta was overpowered by the first invasion.


Are you a little confused?

How can the junta be overpowered by the first "invasion" (as you call it) if it was overthrown before the "invasion" (as you call it)? Rolling Eyes Rolling Eyes Rolling Eyes
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turkcyp

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PostPosted: Tue Mar 14, 2006 4:23 am    Post subject: Reply with quote

What is this article has to do with the Cyprus Problem...

Those two electric companies were owned by Uzan's, one of the modern crooks in Turkey, that had borrowed money from many different places and never paid back. Last time I remember they had more than 10 billion debt owned only to Motorolla.

Government had confiscate all their assets, because the companies were ll used to siphon the investors money (which actually are open to public) to individual shareholders and also for years and years of unpaid back taxes.

Unfortunately like many other private investors (Turkish and the rest of the world) they probably will not get any dime back. Because when a company goes bankrupt the first entity that claims their liabilities are always the government before any other private stake holders. Government gets paid first like anywhere in the world.

I did not know when this company had invested in Uzan's companies but if they had done their homework before investment they would have easily found that a lot of fishy things were going on in those two companies.

I just did not get what relationship this has with Cyprus Problem.
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Eric Dayi
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PostPosted: Tue Mar 14, 2006 5:05 am    Post subject: Reply with quote

turkcyp wrote:
What is this article has to do with the Cyprus Problem...

Those two electric companies were owned by Uzan's, one of the modern crooks in Turkey, that had borrowed money from many different places and never paid back. Last time I remember they had more than 10 billion debt owned only to Motorolla.

Government had confiscate all their assets, because the companies were ll used to siphon the investors money (which actually are open to public) to individual shareholders and also for years and years of unpaid back taxes.

Unfortunately like many other private investors (Turkish and the rest of the world) they probably will not get any dime back. Because when a company goes bankrupt the first entity that claims their liabilities are always the government before any other private stake holders. Government gets paid first like anywhere in the world.

I did not know when this company had invested in Uzan's companies but if they had done their homework before investment they would have easily found that a lot of fishy things were going on in those two companies.

I just did not get what relationship this has with Cyprus Problem.


The "Cypriot" investment firm Libananco Holdings Company Ltd. seems to think that "Turkey violated the Energy Charter Treaty, (“ECT”) which protects foreign investors in the Turkish energy sector from unlawful expropriation.".

From what I understood, they are claiming that the reason why Turkey did not/does not protect them is because Turkey does not recognise the so-called "Republic of Cyprus". They are saying that because Turkey's adopted of the Energy Charter Treaty it (apparently) recognised the so-called "Republic of Cyprus".

This is just another political trick to get Turkey to recognise the Greek Cypriot's as the sole owners of the so-called "Republic of Cyprus" in order to try and force Turkey to get out of the Turkish Republic of Northern Cyprus. In other words, they are trying to connect this case to the CypProb. Simple really, nore Greek Cypriot propaganda. Wink Rolling Eyes Rolling Eyes Rolling Eyes
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turkcyp

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PostPosted: Tue Mar 14, 2006 9:24 am    Post subject: Reply with quote

Eric Dayi wrote:
turkcyp wrote:
What is this article has to do with the Cyprus Problem...

Those two electric companies were owned by Uzan's, one of the modern crooks in Turkey, that had borrowed money from many different places and never paid back. Last time I remember they had more than 10 billion debt owned only to Motorolla.

Government had confiscate all their assets, because the companies were ll used to siphon the investors money (which actually are open to public) to individual shareholders and also for years and years of unpaid back taxes.

Unfortunately like many other private investors (Turkish and the rest of the world) they probably will not get any dime back. Because when a company goes bankrupt the first entity that claims their liabilities are always the government before any other private stake holders. Government gets paid first like anywhere in the world.

I did not know when this company had invested in Uzan's companies but if they had done their homework before investment they would have easily found that a lot of fishy things were going on in those two companies.

I just did not get what relationship this has with Cyprus Problem.


The "Cypriot" investment firm Libananco Holdings Company Ltd. seems to think that "Turkey violated the Energy Charter Treaty, (“ECT”) which protects foreign investors in the Turkish energy sector from unlawful expropriation.".

From what I understood, they are claiming that the reason why Turkey did not/does not protect them is because Turkey does not recognise the so-called "Republic of Cyprus". They are saying that because Turkey's adopted of the Energy Charter Treaty it (apparently) recognised the so-called "Republic of Cyprus".

This is just another political trick to get Turkey to recognise the Greek Cypriot's as the sole owners of the so-called "Republic of Cyprus" in order to try and force Turkey to get out of the Turkish Republic of Northern Cyprus. In other words, they are trying to connect this case to the CypProb. Simple really, nore Greek Cypriot propaganda. Wink Rolling Eyes Rolling Eyes Rolling Eyes


They can sue all they want bu they are not going to get a dime in this case....

Apparently this Cypriot investor who had probably lost a lot of money due to not making his homework before investing a crook company like Uzan's companies are trying to meddle political disputes of Cyprus problem with his own dispute and trying to black-mail Turkey...

Energy Charter Act protect foreign investors against expropriations under normal business conditions. Not when a company had gone bankrupt leaving back two defunct bank which has to be rescued by the government, and many years of unpaid back taxes.

Uzan's are still being looked by Interpol all around the world for their siphoning he money out of the companies. Motorolla and Nokia had lost the biggest money in their companies. If those two did not get any many no firm in the world will get any many. After all the companies of Uzans has been sold via tenders by the Turkish government they still owe money to Turkish government. The last of their assets, and their price company Telsim has being bought by Vodaphone. I think even a Turkish Cypriot businessmen bought some newspapers that used to belong Uzans. LOL.
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Eric Dayi
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PostPosted: Tue Mar 14, 2006 3:57 pm    Post subject: Reply with quote

turkcyp wrote:
Eric Dayi wrote:
turkcyp wrote:
What is this article has to do with the Cyprus Problem...

Those two electric companies were owned by Uzan's, one of the modern crooks in Turkey, that had borrowed money from many different places and never paid back. Last time I remember they had more than 10 billion debt owned only to Motorolla.

Government had confiscate all their assets, because the companies were ll used to siphon the investors money (which actually are open to public) to individual shareholders and also for years and years of unpaid back taxes.

Unfortunately like many other private investors (Turkish and the rest of the world) they probably will not get any dime back. Because when a company goes bankrupt the first entity that claims their liabilities are always the government before any other private stake holders. Government gets paid first like anywhere in the world.

I did not know when this company had invested in Uzan's companies but if they had done their homework before investment they would have easily found that a lot of fishy things were going on in those two companies.

I just did not get what relationship this has with Cyprus Problem.


The "Cypriot" investment firm Libananco Holdings Company Ltd. seems to think that "Turkey violated the Energy Charter Treaty, (“ECT”) which protects foreign investors in the Turkish energy sector from unlawful expropriation.".

From what I understood, they are claiming that the reason why Turkey did not/does not protect them is because Turkey does not recognise the so-called "Republic of Cyprus". They are saying that because Turkey's adopted of the Energy Charter Treaty it (apparently) recognised the so-called "Republic of Cyprus".

This is just another political trick to get Turkey to recognise the Greek Cypriot's as the sole owners of the so-called "Republic of Cyprus" in order to try and force Turkey to get out of the Turkish Republic of Northern Cyprus. In other words, they are trying to connect this case to the CypProb. Simple really, nore Greek Cypriot propaganda. Wink Rolling Eyes Rolling Eyes Rolling Eyes


They can sue all they want bu they are not going to get a dime in this case....

Apparently this Cypriot investor who had probably lost a lot of money due to not making his homework before investing a crook company like Uzan's companies are trying to meddle political disputes of Cyprus problem with his own dispute and trying to black-mail Turkey...

Energy Charter Act protect foreign investors against expropriations under normal business conditions. Not when a company had gone bankrupt leaving back two defunct bank which has to be rescued by the government, and many years of unpaid back taxes.

Uzan's are still being looked by Interpol all around the world for their siphoning he money out of the companies. Motorolla and Nokia had lost the biggest money in their companies. If those two did not get any many no firm in the world will get any many. After all the companies of Uzans has been sold via tenders by the Turkish government they still owe money to Turkish government. The last of their assets, and their price company Telsim has being bought by Vodaphone. I think even a Turkish Cypriot businessmen bought some newspapers that used to belong Uzans. LOL.


I am sure they know all the rules and also know that they will not get a penny but they probably think the shouting and screaming might scare Turkey to recognise the so-called "Republic of Cyprus". It's just another political move by the Greek Cypriots to force Turkey into a corner.
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depurple
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PostPosted: Tue Mar 14, 2006 4:54 pm    Post subject: Reply with quote

Boys I hope they sue Turkey for 110 Billion: Welcome to the EU:
Turkey can play MR Deaf, Dumb and Blind with Titina Louizou and other unfortunate people BUT as time goes on we shall see IF Turkey is ready for the EU:
Grab the popcorn Eric:
PS I love that bit about Turkey recognizing the Republic of Cyprus: Well everyone in the world does Eric except your beloved Turkey SO we shall see who is right and who is out of the EU:
Quick Smart my Turk living in Cyprus:
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repulsewarrior

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PostPosted: Wed Mar 15, 2006 3:22 am    Post subject: Reply with quote

Imagine for a minute, a few old men in Greece, we call "The Junta", good old boys, no more bums on the street, peace and quiet, so to speak, get all kinds of wackey ideas, they have freinds in higher places, they all fit together so brilliantly. The same thinking is going on with the most recent example of Iraq, power corrupts, they were thrown out, doesn't matter when, and we are to assume that Cypriots are to pay the price, for the twisted dillusional pride of a small group of selfish war criminals, that finds hatred fulfilling, because their adversary are not better, always reacts in kind, once again, this time with hundreds of thousands, innocent, victims, displaced and suffering from violent aggression.

Turkey can only break this looming cycle. I see Turkeys aims more about getting her land back from the British. Cypriots, the people of Cyprus are not at issue. It is clear that Turkey does what it can to ignore the sovereignty of the Republic of Cyprus, as a Nation, whenever it can. And the natural reaction would be for the Republic of Cyprus to do what it can to show its control.

At issue is Turkey's defence, since her interest originally, a few hundred years ago, garrisoning the island, and sending settlers.
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depurple
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PostPosted: Wed Mar 15, 2006 3:42 am    Post subject: Reply with quote

RW Turkey will sell Cyprus out if it can: When I say Cyprus I mean the Turkish Republic of Northern Cyprus:
Look at this: Turkey wants to be part of the EU: And live and move about the EU as free man: But will not allow the Republic of Cyprus and others to do the same in the Turkish Republic of Northern Cyprus which everyone knows that Turkey
controls:
How can this be a level playing field?
Turkey has an uphill Battle with the Military over Cyprus But in the End they will sacrifice the Turkish Republic of Northern Cyprus for the EU and when I mean sacrifice I mean they will let everyone live with everyone again:
They call it sacrifice the EU and I call it common sense:
Soon as Turkey realizes that it can not join the EU with it current mentality then the Cyprus solution will be there:
At the moment it it buying time BUT FOR HOW LONG?
As the suing there are a couple of big ones coming up: My uncle Stelios Kastellis and J Parakavidis are ready to issue summons for the Dome Hotel and the Zephiros Hotel in the Millions:
Someone said 200 million plus:
I told you both my uncle pay Loyd's of London the insurance every year for the last 35 years:
So Loyd's recognize them as the owners:
Time is running out for Turkey and Turkey can not hide:
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sadik

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PostPosted: Wed Mar 15, 2006 3:07 pm    Post subject: Re: Turkey to be sued by Cypriot firm for USD 10 billion! Reply with quote

..removed by author...
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pg

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PostPosted: Sat May 19, 2007 1:12 am    Post subject: Reply with quote

http://www.turkishdailynews.com.tr/article.php?enewsid=73474

Quote:
Experts believe the case can go on until 2008.
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