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Next Million the debts for t/k HOME κ

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The long-standing oligarchy in the collection of rents related to Turkish Cypriot properties led to the launch of debts up to € 7,300,000 in 2015 and since then collection efforts have been made, but it is considered a given that large sums of money will be lost permanently and even at the moment that taxpayers pay about € 8 million annually for the maintenance and management of T/C assets.

It is worth noting that some tenants owed more than € 100,000. The issue of more efficient management of debts to the Turkish Cypriot Property Management Service is being discussed today before the Parliamentary Refugee Committee of the Parliament. The chairman of the Commission, Nikos Kettiros, when asked about this by “F”, expressed the opinion that some money will never be collected, even if it is presented on paper as due. As he observed, some debtors have died, others have gone bankrupt, others are unable to pay and others may not pay even if they are able to do so. Consideration should be given to trying to collect what can be collected or making some arrangements and where it is clear that there is no way to collect all the debts, especially when they are small, to write them off and start a new period with application of effective recovery methods, he said.

SEE ALSO: & nbsp; T/C stores for millionaires and amateurs

It is worth noting that the former Minister of Interior, Socrates Hasikos, had issued circulars for the intensification of the collection measures, applying the lifelong contact with the indebted employees. When the debts exceeded € 500 and the debtors did not act in the direction of repayment, they were instructed to take legal action against them and to initiate proceedings for the recovery of the Turkish Cypriot property held by the debtors. For this purpose, two revenue collection officers were appointed in Nicosia, four in Limassol and one each in Larnaca and Paphos.

The former director of the T/C Property Management Service had indicated that “despite the repeated instructions and the relevant circulars to the Offices of the T/C Property Management Branches in the Provinces of Nicosia, Limassol, Larnaca and Paphos to intensify the collection efforts of both This year, Mr. Economides also suggested the adoption of an electronic payment system, the introduction of disincentives such as the introduction of a special arrears clause, the immediate imposition of financial charges, rapid recoveries, etc.

The need to examine the static adequacy of Turkish Cypriot homes and shops will also be discussed before the Commission. According to Mr. Kettiros, the possible allocation of money for the repair of such premises, as well as their repair, without assessing whether they are sufficient from a static point of view, may constitute a waste of public money in cases where their condition is such that It is noted that in the context of the most effective management of Turkish Cypriot assets, the treatment of any abuses in their exploitation and their redistribution, the Minister of Interior is expected to announce the adoption of relevant measures.

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Regarding the redistribution of Turkish Cypriot property, what seems to be of most concern is the application of objective criteria so as not to re-observe the phenomenon of these people ending up depending on party or personal acquaintances. It is recalled that recently complaints were made before the Parliament for the assignment of the management of Turkish Cypriot stores in Paphos, even to a millionaire.

Source: www.philenews.com

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