Turkey's AKP has to pay back half of 45.6 million YTL

The Constitutional Court decided on Wednesday to deprive the AK party of financial assistance with an amount of half of the last assistance, instead of shutting down the party.

Turkey's AKP has to pay back half of 45.6 million YTL
Turkey's ruling party has received more than 45 million new Turkish liras (YTL) from the Treasury. (One USD is equal to 1.1930 YTL).

Turkey's ruling Justice & Development (AK) Party got 45.6 million YTL of Treasury assistance from the budget of 2008.

The Constitutional Court decided on Wednesday to deprive the AK party of financial assistance with an amount of half of the last assistance, instead of shutting down the party.

In accordance with regulations, the state has to pay the financial assistance to political parties within ten days after the budget enters into force.

Three political parties had the right to get financial assistance according to the votes they gained in the general elections in 2007. They were AK Party, the Republican People's Party (CHP) and the Nationalist Movement Party (MHP).

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Last Mod: 31 Temmuz 2008, 13:55
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