Opposition slams Sabah owner Çalık
Güncelleme Tarihi:
Hurriyet Daily News
Oluşturulma Tarihi: Kasım 21, 2008 00:00
ANKARA - The owner of daily Sabah and ATV, the Çalık Group, has been accused of deceiving banks by misrepresenting the financial power of its subsidiary media company Turkuvaz.
"The process to cancel (Turkuvaz’s) bank credits has started and we urge the Banking Regulation and Supervision Agency (BDDK) to take action," said Atilla Kart, the Republican People’s Party, or CHP, Konya deputy, during a press conference at Parliament yesterday.
Kart said the apparent activity and the real activity of the company were different. "They made a false statement. They openly violated banking legislation. It has been revealed that credit they drew on under the title of ’project credit’ had no purpose. There has been a misrepresentation to banks through deceit, threats and (misuse of) public power," he said. Citing the Competition Board’s report on the sale of daily Sabah and ATV, Kart said the partnership between the Çalık Group, Qatar-based Lusail, and Çalık Group’s affiliates together with Ahmet Çalık and Serhat Albayrak, is structured in a way that violates the law.
The sale of daily Sabah and ATV to the Çalık Group, the sole bidder in the tender, created controversy. There were rumors that the government had provided loans through state-owned banks.
Kart said the apparent activity and the real activity of the company were different. "They made a false statement. They openly violated banking legislation. It has been revealed that credit they drew on under the title of ’project credit’ had no purpose. There has been a misrepresentation to banks through deceit, threats and (misuse of) public power," he said. Citing the Competition Board’s report on the sale of daily Sabah and ATV, Kart said the partnership between the Çalık Group, Qatar-based Lusail, and Çalık Group’s affiliates together with Ahmet Çalık and Serhat Albayrak, is structured in a way that violates the law.
The sale of daily Sabah and ATV to the Çalık Group, the sole bidder in the tender, created controversy. There were rumors that the government had provided loans through state-owned banks.