BAKU: Turkish Privatization Administration Sends Inquiry To Security

TURKISH PRIVATIZATION ADMINISTRATION SENDS INQUIRY TO SECURITY AGENCIES ON PETKIM’S PURCHASER

Azeri Press Agency, Azerbaijan
July 17 2007

Turkish Privatization Administration has sent inquiry to security
agencies on TransCentralAsia oil consortium which purchased major
state PETKIM Petrochemical Co. for $2.05 billion, APA’s Turkey
bureau reports.

The reason for inquiry is negative public opinion on the individuals
and group of companies that won the auction for 51 pct of Petkim. The
Privatization Administration explained the inquiry to the security
agencies in "Strategic mistakes should be corrected if there are any".

The Privatization Administration was to send the document to the
Competition Agency to officialize the results of the auction.

According to the legislation, the document should be immediately sent
to the Competition Agency. But the Privatization Administration decided
to wait for exact information on TransCentralAsia oil consortium.

The owner of TransCentralAsia which competed with SOCAR&Turcas till
the end and purchased the control packet of shares of Petkim for
$2.05billion in the tender is said to be of Jewish nationality.

Turkish press reports that the chief of the company purchasing Petkim
is a Kazakhstan’s citizen, chairman of Eurasian Jews Confederation
Alexander Matskevich. Troika Dialog Best Bank of Russia gave financial
support to purchasing PetkiM. The owner of the bank is Armenian Ruben
Vardanyan. Ruben Vardaryan, one of the persons financing Armenia-2020
project, is propagandizing so that Armenians all over the world will
deposit their money in Armenian banks.

Publicizing his intention to make Armenia the most powerful country
in the South Caucasus in 2020 Ruben Vardaryan will own Petkim
Petrochemical Co. along with Alexander Matskevich.

Petrol-Ish trade union appealed to the 13th Economic Court for
annulling the result sof the auction foe the sale of Petkim. The trade
union head Mustafa Oztashkin said they will struggle till the end on
legal level to achieve annulment of the auction results.