Turkcell head sues own firm

Turkcell head sues own firm

ISTANBUL - Hürriyet Daily News
Turkcell Chairman Colin Williams has opened a court case to cancel a decision by shareholders at a meeting in October to not approve the company’s 2010 activities, Turkcell said Feb. 6 in a filing with the Istanbul Stock Exchange.

“Colin J. Williams, the chairman of our firm, has opened a court case demanding the cancellation of the general board not to acquit activities regarding the year 2010 in a vote decision at the extraordinary general meeting Oct. 12, 2011,” the filing said.

Shareholders TeliSonera and Russia’s Alfa Group had blocked the approval of the income statement amid a battle for control of the company with Turkey’s Çukurova Holding.
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