İşbank came to an explanation about ‘trustee’ allegations

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Lerato Khumalo

The statement made is as follows:

In the extraordinary general assembly of our Bank dated 31.05.1991, the decision was made by the shareholders in that period and the amendment of the Article 58 of our Article 58 of our Article 58 of the Supreme Court and the Supreme Court’s case -law and the profit share payments to be distributed to the founding usual deed owners were limited to the “250 thousand TL section of the capital”. The aforementioned main contract change has become a provision that is obliged to be legally implemented for our Bank by registering. Therefore, the profit distribution made since the relevant date was applied under the knowledge and supervision of the authorities to which our Bank is subject to this registered agreement change.

Moreover, since the founding usufruct holders do not participate in the capital increase, they do not receive dividends from increased capital.

After more than 30 years after the general assembly of our Bank dated 1991 and the amendment of the contract, in other words, the nature of the founding usufruct deed and the scope of the rights provided to the owner knowing the scope of the founding usufruct certificate and a number of people who are thought to act together, the provision of a team to be put forward and the proceeding of the profit. Speculative claims and objections have been brought to the judiciary with unfair cases filed by these persons.

The plaintiffs, who are thought to have acted together, have been made in the same content and unfair claims and unjust claims and unjust claims for the will of Gazi Mustafa Kemal Atatürk in order to draw the public interest in the public and/or legal basis in order to attract the public interest in the effort to be humidified through the founding usufruct notes they have acquired.

All the decisions made in the ongoing judicial processes to date are in favor of our Bank in accordance with the procedures and law and are expected to complete legal processes.

As it is known, in accordance with the will of the Bank, the founder of the Bank, the whole of the dividends that hit the shares of Atatürk is paid to the Turkish Language Institution and the Turkish Historical Society in full and timely by our Bank and the transactions of our Bank are realized under the knowledge and supervision of the relevant authorities. Likewise, the lawsuits filed by the same persons against the Magistrates’ Courts were also rejected against our Bank against the violation of the will.

In this respect, the unrealistic statements and claims that constitute a criminal offense in the social media channels, which have recently meant the reputation and reputation of our bank, to influence the decisions and behaviors of investors, also constitute a crime on the throne of capital market legislation and banking legislation.

Our Bank is a well -established institution that fulfills its activities in accordance with law, legal legislation, morality and ethical values. We submit to the public that such news, allegations and comments will not be respected, and that all those concerned, who give false, false or misleading information, raise rumors, comment, or emit them, will make legal initiatives by our bank.