Turkish gov't maps out plan to reopen closed foundations

Deputy Prime Minister said the government is drafting a law to pave the way for the reopening of foundations that have been banned by the courts since 1990.

Turkish gov't maps out plan to reopen closed foundations

World Bulletin/News  Desk

Deputy Prime Minister Bülent Arınç said the government is drafting a law to pave the way for the reopening of foundations that have been closed following court rulings to end their operations.

Arınç estimated that about 20 foundations have been banned by the courts since 1990.

“There are some famous ones among them as well as those that are little known. In order to restore justice, we'll pave the way for all foundations that have been closed within the past 20 years to be reopened without discrimination,” he told reporters following an event to celebrate Foundations Week in Ankara on Monday.

“We are not going to reopen them ourselves; we'll give the opportunity to the leaders [of the foundations] to reopen their foundations after some investment,” Arınç noted.

The properties owned by the now-defunct foundations will be returned to these organizations, as well. Their properties were handed to the General Directorate for Foundations (VGM) after the foundations were shut down.

Last Mod: 07 Mayıs 2013, 10:05
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