North Cyprus Property | Kulaksiz 5 v ***Deleted*** Bank | in Court 14/3/2013


North Cyprus Property | Kulaksiz 5 v ***Deleted*** Bank | in Court 14/3/2013

On Thursday 14th March 2013 at 2.00 pm the next appearance/hearing is scheduled to take place at Girne District Court.

As you can see the bank have emasculated the press coverage of their name using Bank Law 39/2001 and Libel Writs to achieve this. What a sad and sorry state of affairs that the press is silenced in this way. I too am bending to their will by addressing them as ‘***Deleted*** Bank’. How did a bank acquire so much power and not just at this level, in the corridors of power too? That a government department would hand over a private and confidential Permission to Purchase file to this bank beggars belief, but they did, more so questionable since the applicant of this PTP is a litigant in this ongoing battle; no bias there then! Witness the use of material from that file in Halkin Sesi and Yeniduzen on the 2nd March 2012 in a press release given to these papers by the bank’s legal team.

Cyprus Today’s reporter attends almost every appearance/hearing and although limited in his reporting of what happens, he is is correct in what he reports. He quite rightly reported that the Advocate acting for the Kulaksiz 5 requested the adjournment at the last appearance/hearing. Whether the current case is the main case is something open to interpretation. It is a very important case because, if successful, the properties will revert back to the name of the landowner. The aim is to have the Repossession Order of 20th November 2008 overturned, thus making the Auction of 6th June 2010 also null and void. Clearly more action will need to follow to get the properties into the names of those who purchased them, the K5.

The granting of the Interim Injunction by the Appeal Court (High Court) in Lefkosa on the 14th February 2013 means that at least the K5 residents do not have to worry about their properties being sold by the bank whilst awaiting the outcome of future cases in this matter here in the TRNC.

Will this case be decided in the domestic courts in the TRNC or will it go the Strasbourg? Time will tell, but time is not on the side of the elderly, frail Kulaksiz 5 litigants.

Power to the people

Citizen Smith


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