Professor Vural Akisik's job of preparing Turkey's state banks for
privatization will be all the harder because the government seems
unwilling to abandon its old habits of meddling in the lending
decisions of the state banks. Inspectors appointed by Turkish
president Ahmet Necdet Sezer recently discovered that the abuse of
state banks continues - and goes unpunished.
A senior government source told Euromoney that in June this year
the president...