160 containers coming from Turkey for Algerian businessmen drowned in Greece waters
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Sinking of a Turkish cargo ship “Youcef Sebenio Uglu” in Greek territorial waters , which was carrying 170 containers of clothes, worth 15 million euros, according to price in the black market, caused the bankruptcy of a number of traders, especially from Algiers, Blida, Eulma and Ain Fakroun in Oum El Bouaki (eastern Algeria).
Echorouk sources said, the businessmen of cloths are used to transport their Turkish on board of the ” worn-out” ship Youcef Senio Uglu, owned by a Turkish company, while one of the Turkish agents managed the process of settlement of administrative documents, but the “ill-fated journey” of mid- March was different due to the weather conditions in the coast of Greece, where the ship crashed into two halves after being destroyed from the bottom due to one of the rocks, and 160 out of the 170 containers sunk, as they have not been informed of what had happened to their goods, until the end of this week, after the late arrival of goods that should not exceed 10 days, as the company has two journeys every month.
Same sources said that the traders had suffered losses worth 300 million centimes and 20 billion centimes of a merchants from the city of Blida, as a businessman from Algiers got diabetes after the loss of 3 billion centimes at once, with the refusal of the company’s owner and agent of crossing to compensate the traders, and commitment to compensate 25% of the value of the declared goods, noting that businessmen deliberately providing low cost of goods to evade paying taxation.