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(cyprus political) can the norths ipc really pay such sums?

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ilovecyprus


Joined: 08/05/2007
Posts: 2880

Message Posted:
17/11/2009 15:59

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Message 1 of 5 in Discussion

“They will all receive their funds within days,” Erkman insisted, adding that there was no question of deliberate delay or of a shortage of funds. She added that another Greek Cypriot refugee whose GB£9.5 million compensation was one of the 20 still waiting.



Erkman yesterday contested the Mail’s report that the funds for the compensation of Greek Cypriot property claims came from Turkey.



“The funds come from north Cyprus’ budget,” she insisted. A source close to the IPC yesterday told the Mail the funds were being generated through the redirecting rents for ‘state-owned’ lands to the IPC’s coffers.



“All funds are coming from here. Nothing comes from Turkey for this,” the source said.



http://www.cyprus-mail.com/news/main.php?id=48861&cat_id=1



Does the ECHR really expect the TRNC to pay such substantial awards?

How can the TRNC pay these sums when many of their people are in such debt?



MarkVPiazza


Joined: 14/08/2008
Posts: 530

Message Posted:
17/11/2009 16:37

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Message 2 of 5 in Discussion

I don't know if there is a fund set aside for compensation, or properties owned in trust by the authorities.



A good friends family had a larg number of properties held in trust in the Larnaca area, that they have "lost" as the result of partition.



They were offered the Palm hotel in Famagusta and the Dome hotel in Kyrenia by the TRNC in settlement/exchange for signing over their property still in the RoC (refused as well below the value of property "lost")



Mark



mmmmmm



Joined: 19/12/2008
Posts: 8398

Message Posted:
17/11/2009 21:58

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Message 3 of 5 in Discussion

Mark 1 and 2



TURKEY is paying .. NOT the 'TRNC' .. The IPC is TURKEY's local remedy..



kaiserphil


Joined: 14/12/2008
Posts: 1096

Message Posted:
17/11/2009 22:00

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Message 4 of 5 in Discussion

£9.5 million? What did they lose, the whole of Famagusta?



MUSIN M


Joined: 26/06/2008
Posts: 1352

Message Posted:
17/11/2009 22:09

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Message 5 of 5 in Discussion

6ms

what a bold statement ,prey do tell everyone how you are privet to such information.



wake up you are dreaming .





musin



long live the kktc



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