Turkish miner, Lonmin to explore for gold, silver in Ireland
Date posted: May 27, 2014
IRELAND
Turkish gold mining company Koza Altın said on Monday it has signed a memorandum of understanding (MoU) with South African platinum miner Lonmin’s Northern Ireland unit for gold and silver exploration activities.The exploration will take place in Northern Ireland, the statement said. Koza had said in April it had established a wholly owned subsidiary in Britain to undertake mining activities abroad. This was an apparent move to compensate for losses the company has been suffering due to heavy government pressure at home. Koza Altın earlier had its operations in several major gold mines halted in a move that is being seen as the most recent example of the government’s exploitation of inspections and red tape to put pressure on those with views critical of it.
Koza’s parent company is İpek Holding, and it has long been speculated that the government has been working to suppress İpek’s companies and reduce coverage critical of the government’s authoritarian policies by its media groups.
Koza Altın is the only one in Turkey with 100 percent domestic ownership and it is the third private company on the list of top performers in terms of corporate taxes.
Islamic lender raises capital after massive gov’t withdrawal
Turkish Islamic lender Bank Asya has made a cash capital increase on the back of claims that state-owned companies and institutional depositors have withdrawn millions of Turkish Liras of the bank’s total deposits. The lender said it had decided to make a cash capital increase of 33 percent to 1.2 billion liras ($515 million) and was selling an 18 percent stake in retailer Yeni Mağazacılık (A101) for 298 million liras.
The gov’t in Turkey is committing genocide
Fundamental human rights and freedoms have been suspended in Turkey, people’s right to work, freedom of the press, the right to property ownership, the right to a defense in a court of law, the right to travel and the right to a fair trial have all been annulled while the principle of presumption of innocence has been totally disregarded. People have been subjected to collective punishment through the practice of “enemy law.”
Silencing Taraf daily
The liberal Taraf daily, where I write a column, is one of the few independent newspapers in this country. Those who don’t know the Turkish media well need to know that media outlets are largely owned by private holdings which have close ties to the government. Thus, Turkish newspapers need to consider whether their reporting would harm their bosses’ business connections with the government.
Turkish PM Davutoglu baselessly claims Hizmet works with PKK
The Journalists and Writers Foundation (GYV) strongly criticized and denied recent remarks from Prime Minister Ahmet Davutoğlu, who alleged that the Kurdistan Workers’ Party (PKK) and the so-called parallel structure are “working together,” saying the allegation is baseless slander directed at the [Hizmet] movement.
Tension at home hits Turkey’s brand overseas
ESİDEF President Mustafa Özkara said: “Top government officials, who during the Turkish Olympiads only six months ago called the Hizmet movement the ‘peace movement of the century,’ now define the same movement as a ‘parallel structure,’ a ‘gang,’ a ‘criminal organization’ and even Hashashins.
Gülen-linked journalists organization voices concern over profiling claims
The Journalists and Writers Foundation (GYV), one of the most prominent institutions affiliated with Islamic scholar Fethullah Gülen, released a statement expressing its concerns over the government’s claimed profiling of citizens, civic groups and public employees. “It is worrisome to witness developments that echo the said “National Security Board decision, such as the plan to ban prep schools, the profiling of public employees or the purging of bureaucrats who are affiliated with certain communities,” the statement published on the institution’s website said.
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