TMSF sold the mansion owned by Koza-İpek Holding for 1 billion 100 million liras.

The Savings Deposit Insurance Fund (SDIF) put up for sale the mansion owned by Koza-İpek Holding in Bebek, Istanbul for 1 billion 100 million liras. The new owner of the mansion is Oyak Çimento, which is 70% owned by Taiwanese TCC.

AKIN İPEK'S MANSION SOLD FOR 1 BILLION 100 MILLION LIRAS

According to the statement made by SDIF, the mansion in Bebek owned by FETÖ fugitive Akın İpek, who lost the arbitration case in the High Court of England, found a buyer for 1 billion 100 million liras. The mansion in Bebek was put up for auction by SDIF with a minimum bid price of 750 million liras.

NEW OWNER OF THE MANSION IS TAIWANESE

In the sales auction with four participants, the open bid stage was completed in three hours after closed bids. At the end of the auction, Oyak Çimento, which offered 1 billion 100 million liras, 70% of which is owned by Taiwanese TCC, became the new owner of the mansion.

Oyak Çimento had transferred the majority stake to TCC, one of the largest cement producers in the Far East, in the first quarter of this year. Following the share transfer agreement signed between OYAK and Taiwan Cement Corporation (TCC) on December 9, 2023, all relevant legal authorities approved the transfer in the first quarter of 2024.

AKIN İPEK LOST THE CASE HE FILED IN ENGLAND

The mansion, which is the subject of the sale in Bebek, Istanbul, is an ancient artifact with a gross closed usage area of 925 square meters and a terrace of 208 square meters. Akın İpek, who lives in England as a FETÖ fugitive, lost both of the international arbitration cases he filed against Turkey.