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BAKU: Turkish Privatization Administration Sends Inquiry To Security

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  • BAKU: Turkish Privatization Administration Sends Inquiry To Security

    TURKISH PRIVATIZATION ADMINISTRATION SENDS INQUIRY TO SECURITY AGENCIES ON PETKIM'S PURCHASER

    Azeri Press Agency, Azerbaijan
    July 17 2007

    Turkish Privatization Administration has sent inquiry to security
    agencies on TransCentralAsia oil consortium which purchased major
    state PETKIM Petrochemical Co. for $2.05 billion, APA's Turkey
    bureau reports.

    The reason for inquiry is negative public opinion on the individuals
    and group of companies that won the auction for 51 pct of Petkim. The
    Privatization Administration explained the inquiry to the security
    agencies in "Strategic mistakes should be corrected if there are any".

    The Privatization Administration was to send the document to the
    Competition Agency to officialize the results of the auction.

    According to the legislation, the document should be immediately sent
    to the Competition Agency. But the Privatization Administration decided
    to wait for exact information on TransCentralAsia oil consortium.

    The owner of TransCentralAsia which competed with SOCAR&Turcas till
    the end and purchased the control packet of shares of Petkim for
    $2.05billion in the tender is said to be of Jewish nationality.

    Turkish press reports that the chief of the company purchasing Petkim
    is a Kazakhstan's citizen, chairman of Eurasian Jews Confederation
    Alexander Matskevich. Troika Dialog Best Bank of Russia gave financial
    support to purchasing PetkiM. The owner of the bank is Armenian Ruben
    Vardanyan. Ruben Vardaryan, one of the persons financing Armenia-2020
    project, is propagandizing so that Armenians all over the world will
    deposit their money in Armenian banks.

    Publicizing his intention to make Armenia the most powerful country
    in the South Caucasus in 2020 Ruben Vardaryan will own Petkim
    Petrochemical Co. along with Alexander Matskevich.

    Petrol-Ish trade union appealed to the 13th Economic Court for
    annulling the result sof the auction foe the sale of Petkim. The trade
    union head Mustafa Oztashkin said they will struggle till the end on
    legal level to achieve annulment of the auction results.
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