SocGen fights for 15 tons of gold

Competition

French Societe Generale claimed that gold worth $500 million which they had given to Goldaş for selling at Istanbul Gold Market has been lost and filed a criminal report about the event.

The partner of Goldaş, Yalınkaya, said: "it is slander; we are shocked."

According to the claim of the French Bank, they gave the Turkish firm 15 tons of gold as consignee and authorized Goldaş for selling the gold in Istanbul Gold Market. However, the bank could not get the gold back. Goldaş made a written statement and rejected this claim. Goldaş claimed that Goldaş has a commercial dispute with Societe Generale; but the bank acted with malevolence. (Sabah)

More Companies Take Action Against Corruption Analysis

More Companies Take Action Against Corruption

Karácsony Still Winner of Budapest Mayoral Election After Re... Elections

Karácsony Still Winner of Budapest Mayoral Election After Re...

2 Major Ground Handlers at Budapest Airport Join Forces Transport

2 Major Ground Handlers at Budapest Airport Join Forces

Summer Camp Prices Have Increased 10-15% Tourism

Summer Camp Prices Have Increased 10-15%

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.