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English Last updated 02:26
18.02.2004
Talk About Sale Of Uzan Companies

Officials of the Savings-Insurance-Deposit Fund say that the companies of the Uzan Group might be put on sale, to meet the burden of 7.5 quadrillion TL arising from the Imar Bank, which was looted by the family.

An official told Reuters Agency that they have assumed solely the administration of the companies, rather than their ownership and they would be able to collect the dues of the state from these companies by plaing them on sale.

The total sale revenue of the 29 confiscated companies of Uzans in 2002, is 1.6 quadrillion TL.

 
(Hürriyetim)


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