Allegations that 265 million TL loan was granted to Ziraat Deputy Chairman's company: Scandalous defense
Allegations that Kuvva Gıda, owned by Veysi Kaynak, used a 265 million TL loan from Ziraat Bank and received 840 million TL in government incentives have sparked public debate. Both Kaynak and the bank's management argued that the information in the audit report was included by "mistake."
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Allegations regarding loans and incentives involving Kuvva Gıda, a company owned by Ziraat Bank Deputy Chairman and former Deputy Prime Minister Veysi Kaynak, have stirred up political circles in Ankara. According to the allegations leaked to the press,the company received a 265 million TL loan from Ziraat Bank and 840 million TL in incentives from the state.
“NOT ZIRAAT BANK, BUT ZIRAAT KATILIM” DEFENSE
Veysi Kaynak, in a statement made to journalist Deniz Ayhan regarding theallegations,claimedIn the statement, he said that he did not receive the loan from Ziraat Bank, but from Ziraat Participation.Kaynak stated, "I did not use a loan from the bank where I am an executive.I currently have no debt to Ziraat Bank," he said.
DETAILS IN THE AUDIT REPORT CONTRADICTORY
However, the mortgage records in Kuvva Gıda's independent audit reports are noteworthy.records were included. According to the report:According to the report:
On October 7, 2020, A property in Istanbul was mortgaged to Ziraat Bank for 16 million TL.
In 2023, another piece of real estate was pledged as collateral to the same bankfor 135 million TL.
In the sameyear,including Veysi Kaynak personal properties were also mortgaged: Properties worth 20 million TL in Başakşehir and 50 million TL in Ankarawere offered as collateral to Halkbank.
After these mortgages came to light,Veysi Kaynak stated regarding the audit report, "I have noI have no debts. The statement in the report was written by mistake," he stated. He made the explanation.
STATEMENT FROM ZIRAAT BANK MANAGEMENT
Ziraat BankGeneral Manager Alpaslan Çakar also addressed the issue at the Turkish Parliament's KIT Commission. Çakar stated, "The Kuvva company does not have a single lira of credit at Ziraat Bank. The board member position hebecause this already constitutes a crime.If such a situation exists, I am reporting it; let them go and investigate,he said.AUDIT FIRM ALSO BACKTRACKS
Elit Independent Audit Firm backtracked by declaring that the statements regarding the use of a loan from Ziraat Bank in the report they prepared were included "by mistake."
The firm issued a statement clarifying that the information was erroneous.This development has raised further questions regarding the transparency of the audit process.The public continues to await a more detailed explanation regarding the nature of these financial transactions.
Kuvva Gıda had previously come to the agendawith the Manolya Site disaster in Kahramanmaraş. The Manolya Site,which collapsed during the February 6 earthquakes, resulting in the loss of 35 lives, sparked public controversy due to the company's connection with Mehmet Sait Kanbur, the owner of MADO, one of the company's partners.It hadcaused.