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Turkey’s SDIF wins the case against ex banker in France

by John Pierce
July 3, 2023
in Business
2 min read
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Turkish Savings Deposit Insurance Fund (SDIF) Lawyers announced that judgment body she has won two cases in France against Erol Aksoy, former banker convicted of embezzlement of its offices in France under temporary order due to ruling in Turkey.

Stephanie Dalit Fino told Anadolu Agency (AA) that the Paris Judicial Court – Court of first Example – gave enforcement decision on Charges have been filed against Aksoy in Two different commercial courts in Istanbul on September 6.

the referees in So the Turkish is valid in The French lawyer said that the French judge concluded the sentences against Aksoy in Turkish was adhered to under the international French public system.

Aksoy, one of institutional of The private Judgment on the Turkish channel Show TV in 2015 to over eight years in prison for embezzlement deposits from Aktesat Bank, one of The banks that led to Turkey’s 2001 economic crisis, according to an SDIF statement.

When decision Upheld by the Supreme Court next year Aksoy escaped.

in 2006 protocol with SDIF, Aksoy admitted that he had a debt of Billion dollars, but he defaulted because he did not meet the conditions of The protocol Signed it.

SDIF is trying to recover a file public losses caused by former banking. In addition to a bankruptcy case against Aksoy continues.

Aksoy claimed that there is no judicial independence in Turkish, but the French court was not convinced.

Aksoy’s claim that Turkish courts took And gave the two sides unjustified decisions This contradicts his presentation to the Turkish court decisions in Valid for the French court as evidence.

Contrary to Aksoy’s claim, the Paris court decided that there were justifications in Both decisions taken by the Turkish courts.

In a case brought by SDIF against Aksoy in New York, United States, the court decided that Aksoy and his daughter They were unreliable witnesses because of Their contradictory statements about the source of The money.

Meanwhile, the provisional order issued by SDIF against Two apartments Aksoy in Paris and his company in Luxembourg continues.

SDIF won The case you brought in United State in 2021 after it was revealed that Aksoy had bought an apartment in New York for for him daughter Ida Aksoy with The money He had been smuggled out of Turkey.

Apartment has been sold for $1.7 million court-ordered and transferred to SDIF accounts.

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