RE: News update from Turkish court be nice24 Aug 2021 18:27
Hi Steve,
taken from the rns August 19th
ā Finally, the Company continues to pursue the repayment of an outstanding liability from former Turkish partner NTF Insaat Ticaret Limited Sirketi ('NTF') (announcement dated 27 February 2018). In 2017, the Company was required to pay back-taxes and interest of Ā£0.7m on behalf in NTF and has been seeking repayment through the Turkish legal system since then. Review of the Company's claim is pending the outcome of an antecedent case involving NTF, scheduled for September 2020. Updates on the matter will be made as soon as they become available.ā
no doubt if interest was added to the sum owed, this would be a million plus easily!