Turkish Army and Steelworks

site: If it goes ahead, the takeover is expected to secure the future of a site in Scunthorpe, one of the UK's last two blast furnace steelworks, as well as the jobs of more than 4,000 staff, according to The Guardian. But reports of alleged atrocities committed during the Turkish army's incursion into Syria have resulted in misgivings among campaigners, trade union officials and MPs about the prospect of British Steel being subsumed into the investment portfolio of Oyak, which funds soldiers' retirement payouts. Ataer Holdings, owned by the Turkish army retirement fund Oyak, is in exclusive talks to buy British Steel out of liquidation, with the result of discussions likely to be announced within weeks. UK suspends arms exports to Turkey to prevent use in Syria Read more Union staff are also seeking assurances the Scunthorpe site will not be used to supply the Turkish military in future. It is wrong that they be enriched on the backs of the labour of Scunthorpe steelworkers. The Labour MP Lloyd Russell-Moyle, who chairs a cross-party group on the Kurdish region of northern Syria, said The Turkish military is committing war crimes in north-eastern Syria. (news.financializer.com). As reported in the news.

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