Akfinans Bank to sue Kulaksiz 5 pensioners they are evicting from their homes

Today Akfinans Bank Limited have published the following Press Statement in Kibris Gazetesi. I will leave you to voice your own opinions in the comment section.

It seems that the threat of legal action against us if we condemn the Bank for taking everything we own from us is very real. Another not so subtle form of intimidation or sound business practice? Was such a law put on the statute books for this purpose?

Please bear in mind that the original text was in Turkish and this is a translation. I hope the text has not suffered in translation.

Akfinans Bank Limited, it is a fact that I bought 5 Demokrasi Sokak, Karsiyaka. I never took a mortgage with you and yet it seems you now believe you have the right to take it from me. This is the case with every person who bought on Kulaksiz 5. Please tell me, in a civilised society that is entering the 21st century, how can this be?

“Akfinans Bank advert in Kıbrıs Newspaper – 23 March 2011, page 24


Our Bank has felt compelled to issue a statement following lies and false written newspaper reports and visual news concerning the Kulaksız 5 site in Karşıyaka.

Akfinans Bank Ltd. holds the title deed for the said houses located in Karşıyaka Girne, which was undergoing construction. There are residents that are illegally residing on the site and action has been taken against a group of foreign nationals for eviction, which has come after they broke the locks of a house and caused damage to the house; they than intentionally made a statement claiming that they are the rightful possessors of the house and claimed that the locks in question were actually broken by our bank and they took the initiative of trying to make a wrongful impression to the public.

The bank immediately informed and has made a criminal complaint on the matter to the TRNC Attorney-General, Girne Police and Lapta Police. However unfortunately this matter was reported intentionally in certain press without making any kind of proper research into the matter and has distorted the matter by reporting in a one sided manner to the general public.

We would like to remind that according to the Banking Law 39/2001, Article 53, any unfounded reporting or news undertaken by the respective person which will damage the reputation or harm the bank is considered a criminal act, we therefore would like to reiterate our belief that the Police, the Higher Press Authority and other respective authorities will enforce the stipulated sanctions, and would like to inform the public that we have commenced legal proceedings against the respective press or people that have intentionally reported wrong news to the public as Akfinans Bank Ltd

Akfinans Bank Ltd”


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