Based on this information, write a new short title in English: “Council of Ministers, Current Koop-Süt Ltd. “It issued an order contrary to the Articles of Association” – BRTK

Ali Yeltekin, Secretary General of the Turkish Cypriot Office, Bank, Insurance and Commercial Employees Union (BASS), claimed that Koop-Süt was tried to be removed from production “by the hand of politics” and stated that the Council of Ministers had approved the current Koop-Süt Ltd. He criticized that it issued an order contrary to its articles of association.

In his statement on the subject, Yeltekin stated that, according to Chapter 114, any change in the Articles of Association of Koop-Süt can be made with the General Assembly of Koop-Süt and said, “Any change in the Articles of Association without the approval of the partners constituting the General Assembly is valid and acceptable under no circumstances.” “It is not,” he said.

Yeltekin continued in his statement as follows:

“Koop-Süt Ltd., the most established production cooperative of our country. Having provided 50,000 Stg direct shares from other cooperatives (13 cooperatives) a certain time ago and trying to strengthen its financial structure according to the conditions of the day, it made a foreign exchange loss of 22,000,000 TL (Twenty-two million TL) at the end of 2023. How was this damage done? The government has an obligation to explain this damage. Since everything is decided by the government, the government should pay 50,000 Stg share price to the other cooperatives with 13 partners, connect Koop-Süt Ltd. to the Turkish Cypriot Cooperative Central Bank and then manage it as it wishes.”