According to Turkish Cypriot daily Havadis on Tuesday, the IPC is broke and owes £94m sterling to Greek Cypriot property owners. The commission has paid out some €200m to date but has run out of funding from Turkey, which has been providing all of the cash so far.
Murat Metin Hakki, the lawyer for the unnamed Greek Cypriot, told Havadis that Turkey insists the Turkish Cypriot who was allocated the Greek Cypriot’s property should pay. He said the problems in the commission started when Turkey stopped funding it some time ago.
In the particular case, the IPC had approved the money for the Greek Cypriot refugee but then failed to stump up. Hakki filed suit to confiscate the vehicles of Turkish Cypriot ‘ministers’, and on Monday bailiffs were sent to take the vehicles used by the ‘ministries’ of finance and agriculture.
Just send the bailiffs to return the illegally stolen property to the original Greek Cypriot owner.....