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Turks Are Afraid Of Armenian Capital

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  • Turks Are Afraid Of Armenian Capital

    TURKS ARE AFRAID OF ARMENIAN CAPITAL

    AZG Armenian Daily
    19/10/2007

    The results of the privatization tender of 51 % of controlling
    stake of Turkish state petrochemicals producer Petkim Petrokimya
    Holding ("Petkim") were cancelled. Kazakhstan-based TransCentralAsia
    Petrochemical Holding Joint-Venture Group offering the highest bid,
    at $2.050 billion, for 51% of Petkim won July 5 tender. The owner
    of the holding is a citizen of Kazakhstan, leader of the Eurasian
    Jews Federation Aleksander Matskevich, who at present controls 25%
    of Kazakhstan's economy. He is involved in the list of "The richest
    people of the world" by "Forbs" magazine.

    Aleksander Matskevich acquired "Petkim with the help of Russian
    investment bank Troika Dialog Group, owned by an Armenian Ruben
    Vardanian.

    The deal set up a clamour in Turkey. Turkish press mentions that
    "the adoption of the Armenian Genocide Resolution 106 by US House of
    Representatives' Foreign Affairs Committee" had a serious influence"
    on it.
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