Cyprus News on Greek Cypriot Court rejects Turkish Cypriot compensation and reinstatement case.
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Greek Cypriot Court rejects Turkish Cypriot compensation and reinstatement case

Source: BRT  
19 January 2007

A Greek Cypriot court has rejected a case filed by a Turkish Cypriot man who demanded compensation and the return of his immovable property left in South Cyprus in the past.

Ali Karamanoglu was demanding compensation for the part of his property that has been expropriated by the Greek Cypriot Administration; and the reinstatement of the remaining of his property.

Ali Karamanogluís lawyer told the B.R.T. that the courtís decision was announced in Greek, and that heíd rather comment - in detail - after the text has been translated into Turkish.

But nevertheless, he said, the courtís decision is a negative development.

Thereís widespread speculation that the Greek Cypriot Administration has failed to deposit - in the specially created fund - an amount reaching five-hundred-million Cyprus Pounds, which should normally be deposited for the compensation of Turkish Cypriot immovable property in South Cyprus.

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