Kibkom North Cyprus Forum

Companies with debt to KIB-TEK announced
31 August 2020 - 12:53 | Update:01 September 2020 - 06:35
El-SEN made a press release about the people who owed KIB-TEK.
The Cyprus Turkish Electricity Authority Employees Union (EL-SEN) made a press release regarding who owes KIB-TEK and how much.

Some companies that owe KIB-TEK are as follows:

Master Club Boğaz 239 thousand TL

Akçay irrigation union 292 million TL, 442 thousand TL

Akçay irrigation union district governorship 516 thousand TL, 379 thousand TL

141. irrigation facility 598 million TL

AKSA irrigation union 500 million TL

Regional waters committee 312 million TL, 107 thousand TL

76 irrigation unions 76 million TL

Koruçam mukhtar of 24 million TL

Ramadan 280 million TL

Akçay irrigation district governorship 516 million TL and 379 million TL

Gayretköy 7 million TL

Kaya Artemis 130 million TL

Savoy 3 million 887 thousand TL

Kasya tourist 1.32 million TL

Simena 961 thousand TL

University Noth Cyprus 200 thousand TL

Mesan Devlopment 157 thousand TL

Inter guarantee 130 thousand TL

Çamlıköy mukhtar 571 thousand TL

BRT 384 thousand TL

Sarıoğulları LTD 76 thousand TL

Kemal Basat 143 thousand TL

Santa tourism 2.5 million TL

Gayretköy irrigation facility 100 thousand TL

Rose Garden 244 thousand TL

Jasmine Court 53 thousand TL

A Tempos Import Export 158 ​​thousand TL

Famagusta Water management 573 thousand TL

Özlem milk 361 thousand TL

Beyköy milk 53 thousand TL

Koruçam Mukhtar 24 thousand STG

Manner Trading LTD 130 thousand TL

Ramadan Musazade 280 thousand TL

Roks Hotel 190 thousand TL

Girne American University Dormitories 343 thousand TL

Asımoğlu Hotel 55 thousand TL

Lambusa 416 thousand TL

Onar Village 190 thousand TL

Famagusta Municipality Open Market 60 thousand TL

Küçük Kaymaklı Sports Club 76 thousand TL

CYPRUS POSTAL

What i cannot understand is how can they allow a company to reach almost 1 Billion TL debt

Akçay irrigation district governorship 516 million TL and 379 million TL

ME - 438tl - promise I'll pay that today though

IPMAN wrote: ↑

Tue 01 Sep 2020 8:19 am

ME - 438tl - promise I'll pay that today though

The sad part of it is you'll be cut off if you go over your deadline and its a pittance.

There should be 1 rule and that rule for each and everyone.

If Rocks hotel cannot pay less than 200,000tl (£20,000), I am sure their casino will not be open.

Im smiling actually as in this long list of debtors is a name that said when i was opening my business 9 years ago,another fool who wont last 12 months in business, and low and behold the same person is in the debtors list

The important thing to note is WHO supplied the information - it was the electrical supply worker's union.

They are attempting to defend the Electricity Supply Authority (Kibtek) against recurring Government efforts to Privatise the concern (i.e.'sell it off cheap to their mates ) under the guise of 'increased efficiency' using Kibtek's parlous financial state as an excuse.

Who would benefit?

Certainly not you and me.

Certainly not the workers.

Think about where the money would go, and you'll have the answer!

The main reason for the huge debtors list is that Kibtek are always over-ruled by Ministers when they want to apply sanctions - the debtors list might as well be the contact list of those in power - wealthy casino owners and businessmen and political allies.

Do you renember, not so long ago, that Kibtek actually had the balls to cut off the supply to the Finance Ministry 'cos they hadn't paid their bill? They were soon overruled!

As for the Local Belediyes, I think that Kibtek have a Statutory Duty to supply them, despite the fact that they never pay their bills, that's why Kibtek started charging every individual consumer direct for street lighting - they were having to light up the streets anyway (Belediyes' responsibility), but the Belediyes weren't paying the bills!

Any time that they attempt to threaten anyone on that list with being cut off, one of the 'little gods' overrules 'em.

...and then they try to use the lack of liquidity as a reason to sell Kibtek off to their rich mates!

Koruçam Mukhtar 24 thousand STG

This guy owes in STG and

Koruçam mukhtar of 24 million TL

Maybe some other errors and omissions. Merit. Elexus. Cratos. Etc.

It would be nice to hear what the owner of Acapulco thinks. Assuming he is up to date.

Butterflyaway wrote: ↑

Tue 01 Sep 2020 4:31 pm

Koruçam Mukhtar 24 thousand STG

This guy owes in STG and

Koruçam mukhtar of 24 million TL

Maybe some other errors and omissions. Merit. Elexus. Cratos. Etc.

It would be nice to hear what the owner of Acapulco thinks. Assuming he is up to date.

It would be interesting to hear what all of them would say who are named in the list

Are we having a whip round?