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Report on Kulaksiz 5 v Akfinans Bank hearing on 30/6/2011

Today’s hearing started with Mehmet Kader in the witness stand for the end of his cross examination by Boysan Boyra.

Boysan Boyra asked the witness if Central Bank had warned Akfinans Bank Limited about its lending policy and, although the witness said no, Boysan Boyra appeared to push on this point. This is where my lack of Turkish lets me down somewhat, but I did get the distinct impression that the answer given was not accepted as truthful.

Boysan bey also asked about the Bank’s financial structure. It appeared that the witness was saying that should the Injunction be granted it would hurt the Bank significantly and that even for one year the financial effect would be great. Boysan bey appeared to labour on the point of the loan only ever being 100,000 TL. The witness seemed to imply that it was imperative to retrieve the loss and confirmed that they intended to sell the properties at Kulaksiz 5 as soon as possible. It was at this point that the witness asked Boysan Boyra if K5 had paid Afrika to publish the article that appeared in their newspaper yesterday. Of course Boysan bey was able to confirm WE HAD NOT. However I have to confirm that Boysan bey had a copy of the offending newspaper in front of him for all to see.

Much to our surprise, Akan Kurşat then produced a second witness. A young lady whose first name was Serif but whose surname I was unable to get. It appeared that this was a clerical worker for the court. In Serif’s hand was a very thick file, and surprise, surprise, guess who that file related to – me again. As soon as I heard Akan Kurşat mutter the name Pauline Read, I thought, here we go again.

It seems Mr Kurşat is determined to prove that I should not be part of this case and proceeded to question Serif on aspects of my case, or cases with particular attention to my Contract again. Dates were mentioned, my winning the Breach of Contract Action and being awarded £120,000 supposedly secured by the Court Memorandums. To cut to the chase, Kurşat managed to convince the Judge to allow my file to be entered into evidence and that became exhibit 22.

Boysan bey was ready to give his summing up speech, but it seemed Akan Kurşat was not. The Judge gave Akan Kurşat 7 days to send in his final submission in writing. I understand Boysan bey will be allowed to see this and answer it, also in writing within 2 days of seeing it.

The Judge will then consider his verdict which will be given in a Hearing to be held on 26th August 2011 at 10.30 a.m.

There is much I want to say about why Akfinans Bank Limited and Akan Kurşat want me removed from this case but it would seem inappropriate to voice my opinions within this report from today’s hearing, so I will write about it separately. Suffice to say, I may have been awarded £120,000 by the court on the 6th November 2009 but to date I have received not one penny The record of awards made by courts in the TRNC actually ever being received is very, very poor.

The photos are of Margaret and Brian Freeman K5 owners and coffee in the courtyard at the court.

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